2024-05-11 12:03:31
- The Solana ecosystem has seen an increase in activity and development activity.
- Interest in DeFi Solana and NFTs has waned.
happy [SOL] He attracted a lot of activity on his network due to the recent popularity of his meme coins.
However, meme coins weren’t the only thing that attracted users to the Solana network: dApps also played a vital role on the Solana network.
A look at the Solana ecosystem
Popular dApps such as Wormhole, Jupiter, and Pyth Network have managed to gain a large number of active addresses in recent weeks.
Development activity on these dApps has also grown, suggesting that new updates and improvements may be on the way. These new developments could help attract even more users to the network.
In recent weeks, the number of daily transactions occurring on the Solana network has increased from 20 million to 30 million.
However, the number of daily active addresses on the network remained the same.
This indicated that the large number of transactions on the network were not driven by new addresses but by the same old ones.
We have some challenges ahead of us
In the DeFi sector, the Solana network faced several problems. DEX (Decentralized Exchange) volumes on the network have dropped significantly over the past few days. In addition, the TVL (Total Locked Value) began to stagnate.
It was also noted that Solana’s interest in its NFT sector was declining. AMBCrypto’s analysis of Solana Floor data revealed that the total minimum value of Solana NFTs has dropped significantly over the past few days.
The number of NFTs sold on the Solana network also decreased during this period.
These factors could have a negative impact on the Solana ecosystem and create an obstacle to the growth of the ecosystem in the future.
File Solan [SOL] Price forecast 2024-25
Weakened interest in the Solana ecosystem could adversely affect the price of SOL tokens. At press time, SOL was trading at $146.24 and its price fell by 4.84% in the last 24 hours.
The amount at which SOL was trading also fell 9.53% during this period.
This is an automatic translation of our English version.
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