After the cryptocurrency prices dropped, Solana whales started buying large amounts of altcoins.
According to the blockchain analysis platform Lookonchain, whales in the Solana ecosystem purchased SLERF, BOME, and boden.
One whale withdrew 31,916 Solana from the Kucoin exchange, and used 2,055 SOL to buy 500,979 boden at $0.59 per unit.
Another whale withdrew 15,751 Solana from Binance, then spent 7,812 SOL to buy 4.86 million SLERF at $0.23 per unit, and 4,623 SOL to buy 67.53 million BOME at $0.0098 per unit.
In the past few months, the Solana network experienced congestion due to the meme coin frenzy. To address the congestion, Solana developers introduced a new version today.
