While crypto deposit inflows increased by as much as 250-2,000 percent for certain Indian exchanges in January, following a ban on nine offshore exchanges, this did not translate to higher trading volumes.
What started out as a crypto freeze is showing signs of thaw. But can volumes regain levels they once saw? And can platforms like Binance make a comeback in India? ET decodes the latest developments and what they mean for the Indian market.
Solana is a public blockchain known for its high-performance network across use cases such as finance, non-fungible tokens (NFTs), payments, and gaming. The Solana cryptocurrency is one of its most adopted and traded products across the globe, rated third after Bitcoin and Ethereum.