Ethereum has many competitors. First, it was Cardano, and most recently, it was Solana. With an ATH (all-time high) of $230 and trading at around $100 at the time of writing, Solana is showing its prowess as an efficient network.
Continuous introduction of new projects in different lanes – crypto, NFTs, and the metaverse proves the asset’s high reliability along with the ability to adapt and evolve. This has built a strong network of trust and funding to help develop future updates.
In this article, we will introduce to you 7 of the most promising upcoming metaverse projects that Solana is currently working on.
Solice – SLC
Solice is a cross-platform virtual-reality project built on the Solana blockchain. It is advertised to be a space where users can “play, build, own, socialize and monetize their virtual experiences.” Of course, with it being built on a blockchain, we can expect it to have gaming and NFTs elements attached.
This is such an exciting project that before being launched on the market, Solice has acquired over $4.3 million in funding – primarily from venture capital. At the moment, SLC has a market cap of $98 million and goes for $2.28 per token.
Synergy Land – SNG / ACN
This is a Solana-built ARPG multiplayer game developed by Synergy Land that is set in a fantasy world divided into four main ecosystems: earth, water, fire, and cold. There will be opportunities for players to have an NFT collection and ways for them to improve on weapons power to give them an advantage in PvP combat.
At the moment, none of the two tokens are available for trading. However, this is an exciting project that has a lot of potential in the gaming sector. This is highly recommended if you are looking to invest in a token that focuses on game development – which is a new trend in today’s market.
Afflarium – AFL
Continuing on with the theme of gaming, AFL is another gaming project that focuses on developing virtual reality experiences for the players. Through the game, you can collect tokens or NFTs that could be worth a lot in the near future.
Compared to Synergy Land, this project is still in the infant phase. The developers are currently testing the products. The token is not currently available on the market, but it is definitely a good project to follow and get in early once the token goes public.
Good Games Guild – GGG
Good Games Guild is the second-largest metaverse project that Solana is currently having. It is a gaming hub that aims to be the “largest for the virtual world economy, NFT gaming community, and marketplace.”
At the moment of writing, it has a market cap of $1.8 million and trades for $1.4 per token.
Star Atlas – ATLAS
This is by far Solana’s largest metaverse project in terms of market cap. As the name may suggest, it is a game about space exploration. Players can learn and inspect the metaverse using an in-game spaceship.
At the moment of writing, Atlas has a total market cap of $101 million, with each token trading at $0.04. It is a cheap option with high potential. However, it is unrealistic to expect it to grow over $1 due to the high circulation of tokens.
Solana is the latest phenomenon in the crypto space for good reasons. It is built upon good fundamentals and has a proactive team that constantly pushes for new ideas.
Many metaverse projects, especially gaming, are being built upon the Solana blockchain. This market generates projects for Solana investors, and other companies will also look to create products using Solana infrastructure. If it follows the current upward trajectory, Solana might actually be the “Ethereum killer.”