The Solana (SOL) community is gearing up for its highly anticipated annual event, Breakpoint, organized by the Solana Foundation in Singapore. Today, the Solana team announced that online tickets for the event, scheduled from September 19 to September 21, have already sold out. However, they have indicated that a limited number of tickets may be available at the door.
What is Solana Breakpoint?
The Solana Breakpoint event aims to bring together thought leaders and innovators to discuss and promote the mainstream adoption of blockchain technology on a global scale. This year’s event is sponsored by notable entities including stablecoin issuer Circle, Wormhole, Santiment, Auros, Crypto.com, and the meme coin project Bonk (BONK), among others.
Keynote Speakers and Agenda Highlights
Among the prominent speakers this year is Jeremy Allaire, who is set to deliver a keynote address. Allaire’s participation is highly anticipated, and he has hinted at some exciting announcements to be made during his speech.
Another major event this week in Singapore, and am excited to deliver a keynote at @solana Breakpoint this Friday afternoon. Some cool sneaks to show…
— Jeremy Allaire – jda.eth / jdallaire.sol (@jerallaire) September 16, 2024
Impact on Solana Price Action
Historically, the Solana Breakpoint event has had a positive impact on the SOL price. If past trends are anything to go by, we can expect a bullish run for Solana in the weeks following the event. Currently, Solana’s price is trading within a horizontal consolidation range, maintaining strong support above $122. The large-cap altcoin, with a fully diluted valuation of around $77 billion and an average daily trading volume of approximately $1.8 billion, has also rebounded from its daily 50 Moving Average (MA), despite the prevailing low bullish sentiment.
Top SOL-based Altcoins to Consider Ahead
The increasing adoption of Solana’s web3 projects has significantly boosted the value of their respective tokens. Key Solana-based altcoins to watch during the Breakpoint event include Jupiter (JUP), Jito (JTO), and Kamino (KMNO). These three projects have consistently shown the highest total value locked and the highest number of net daily active users.
As of the latest market data, KMNO and JTO prices remain close to their initial trading values. Meanwhile, JUP is currently retesting its 2023 bear market lows despite the broader adoption of Solana.
