The search volume for the term “Solana” on Google increased by 250% between October and December. This period coincided with the value gain of Solana-based memecoins, particularly cryptocurrencies like Bonk (BONK).
Google searches for “Solana” rose from a level of 14 two months ago to 49 at the beginning of December. On a scale representing the peak seen in 2020, which is 100, this increase is significant.
This substantial increase in search terms occurred with the value gain of SOL, Solana’s native asset, and memecoins built on the Solana network.
Rebecca Stevens, a research analyst at The Block, pointed out that the price performance was stronger compared to other assets, while also highlighting the rise of memecoins on the network. According to CoinMarketCap data, the price of SOL increased by 224% between October 11 and December 18.
On the other hand, the price of Ethereum‘s native asset, ETH, increased by approximately 52% during the same period, rising from $1,580 to $2,400. In the last 24 hours, SOL increased by 9.26% to $76.21, while ETH rose by 3.23% to $1,237.