PANews reported on December 28 that according to Cointelegraph, SOL's poor performance in recent days has caused traders to worry that prices may fall further. Solana's on-chain DApp transaction volume ranked second with a weekly transaction volume of US$20.9 billion, but it performed the worst among the top 10 blockchains, falling 30% in 7 days. In contrast, Ethereum's on-chain transaction volume fell by 15%, while Sui fell by 8%. Solana network TVL reached a two-year high of 44 million SOL. According to DefiLlama data, the monthly growth of 16% was driven by platforms such as Binance Staked SOL, Jupiter, Drift and Orca. On the downside, deposits from Jito, Sanctum and MarginFi have declined.
Solana’s DApp weekly transaction volume reached $20.9 billion, down 30% from the previous month
Share to:
Author: PA一线
This content is for market information only and is not investment advice.
Follow PANews official accounts, navigate bull and bear markets together
Recommended Reading
PANews App
24/7 blockchain news tracking and in-depth analysis.

