The Solana ecosystem is rekindled, and 6 potential low-cap protocols are counted

AUTHOR: BLADE, CRYPTO KOL

Compiled by Felix, Paews (this article has been redacted)

The Solana ecosystem is the dominant crypto narrative this winter, and crypto KOL BLADE has counted 6 low-cap tokens with potential to exist.

**This article is intended to provide market information and does not constitute investment advice. **

DeFi Land（DFL）

DeFi Land is a community-led, multi-chain P2E farming simulation game that aims to gamify DeFi and redesign all the features of traditional DeFi. DeFi Land raised $4.1 million in 2021 with participation from Animoca Brands, Alameda Research, Jump Capital, NGC Ventures, Solana Foundation, Gate.io and others.

DFL tokens can be used to trade in-game assets and NFTs, staking and LP incentives, game mechanics, and governance voting.

• DFL token has grown by 1000% since the beginning of the transaction.
• Market Cap: $30 million

Jupiter Exchange（JLP）

Jupiter Exchange is a Solana ecosystem trading aggregator that allows users to get the best swap rates on Solana, with features such as limit orders, bridging, and perpetual trading.

• Market capitalization: $23 million

Related Reading: Jupiter in the Solana Ecosystem: From Transaction Aggregation to Perpetual Contracts in Full Swing

Decimated（DIO）

Decimated is a cyberpunk-themed Play-to-Earn, third-person multiplayer online game with multiple gameplay and customization features. Developed in 2018, Decided allows players to fight or team up with other players, loot loot, transport goods or VIPs to other locations, collect and trade legal or illegal resources, hunt legendary creatures, occupy territories and build safe houses for their gangs.

• DIO 1,200% price increase over the past two months
• Market capitalization: $22 million

Synesis One（SNS）

Synesis One is a crowdsourcing platform for AI data on the Solana ecosystem, allowing users to train AI and earn rewards. Users create datasets for AI, which are pegged to NFTs, and NFT holders are rewarded when projects pay to use these AIs and the datasets that power them.

Synesis One was founded in 2021 to crowdsource the data needed to train a conversational inference engine for sister company Mind AI. The platform connects enterprise customers who need AI training data with crowdsourced human intelligence to deliver it. Synesis One closed a $9.5 million private placement round in December 2021.

• SNS is up 1,700% in the last month
• Market Cap: $21 million

Gari Network（GARI）

GARI is a social token based on the Solana blockchain that is publicly issued by Chingari, a short-form video-sharing platform in India, and aims to provide the creator community with the opportunity to monetize content.

Known as the “TikTok of India”, Chingari was founded in 2018. Originally a Web2 platform that has since adopted Web3 technology, the social media app had announced the launch of video NFT marketplace Creator Cuts in August last year and its token “GARI” on the Solana network in January this year, enabling users to vote on the platform’s policies and governance.

• Market capitalization: $35 million

Larix（LARIX）

Larix is a lending protocol in the Solana ecosystem that uses a dynamic interest rate model and creates a more capital-efficient risk management pool that includes cryptocurrencies, stablecoins, synthetic assets and NFTs and asset-backed securities (such as accounts receivable, invoices, mortgages, loans, etc.) into the asset-backed family.

Larix has received investments from a number of institutions, including Solana Capital, SolarEcoFund, Epsilon, Huobi Ventures, Gate, MEXC Global, BitMart, Fenbushi, Polygon, FBG, 3Commas, LD Capital, Lancer Capital, ZONFF, FACT Block, Libra, IPC, OIG Capital, etc.

• Market capitalization: $8.7 million

Related reading: A new cycle and a new atmosphere, the Solana ecosystem is on the eve of a full-scale outbreak