Solana: From the top of the same to a dizzying decrease in income and volume

Until January, Solana was on the roof of the world. His Dex, whether Raydium or Meteora, has noticed several tens, even one hundred billion dollars a month. The flourishing activity generated mainly by madness, which then ruled over the blockchain. But things have now changed with the same people who seem to have fashion. And all the metrics fall.

Key points of this article:

  • Solana suffered a magnificent decline in her monthly income, from $ 124 million in January to 44 million in February.
  • Solana Blockchain has also experienced a remarkable decline in two, out of 12 billion to $ 6.5 billion per month.

Solana: Income split 3

While all his metrics were green for several months, carried by the same tendency, Solana seems to face the back of the medal.

Blockchain and his protocols really see all their metrics.

On one side saw blockchain Monthly Revenue drops from a record of $ 124 million In January to Only 44 million in February. Divided income for almost 3 months on the other.

As Defillama data shows, it agrees SA Tvl. In fact, his protocols of defi at the time of writing these lines increased from peak to $ 12 billion in January to 6.5 billion. Or division of two per month.

Decreasing TVL and intake to solan.

However, it is important to determine that it is a tvl in dollars. When you look at the ground, it continues to grow. As a result, not does not show capital leakagebut The importance of falling land on marketsspent from $ 262, January 19 for $ 123 while writing these lines.

Pump.fun, raydium: the same free fall scenario

When it comes to symbolic decentralized blockchain application, the same observation.

A platform for creating tokens Pump.funwho will be in the heart of the same madness, seeing his metrics decrease down. The number of chips created daily is therefore in autumn, from 71,000 to the top of January to approximately 25-30 000.

The same applies to recorded volumes. They were Order in the amount of $ 2-3 billion a week in January against 800 million currently.

Curve of Weekly Volume Development on Pump.Fun
Fall of volume on the pump.Fun – Source: Dune.

Finally, Raydium The flagship of Solana decentralized exchange also suffered this decline in madness. On the roof of the world in January with a capacity of $ 124 billion Divided into 3 and in February is 42 billion. The situation is the same for Orca and Meteor, who saw their volume divided by two.

Unfortunately Adding land to the American strategic reserve will not revive enthusiasm. Users can be tired of seeing the same ecosystem plagued tokens as Trump or recently a pound.

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