- Solana failed to benefit from airdrops on its DEX, as activity on the network fell.
- Interest in the Solana NFT sector also dropped, impacting the overall ecosystem.
Solana’s [SOL] ecosystem garnered a lot of attention over the last few months. One of the major reasons for this was the popularity of the DEXes (Decentralized Exchanges) on the network.
To leverage this opportunity, Jupiter declared an airdrop for its tokens.
While token airdrops typically draw users to networks in the days or weeks leading up to their launch, a similar trend was not observed on the Solana network.
Still a long way to go
According to Artemis’ data, Solana’s Daily Active Addresses fell from 1.17 million to 920,000 over the last few days. The overall number of transactions occurring on the network also noticed a descent.
A decrease in active addresses may signal a waning interest or engagement with the network.
A lower level of user activity and transactions can undermine Solana’s standing in the broader crypto space, potentially affecting investor confidence and the network’s overall ecosystem growth.
Source: Artemis
Additionally, Solana’s NFT sector failed to gain traction as well.
Over the last month, the Solana NFT blue-chip index, which tracks the most prominent NFTs on Solana, witnessed a decline in interest, sitting at 3715.581 at press time.
This could have adverse effects on Solana’s overall ecosystem and market standing, moving forward.
Source: Solanafloor
How much are 1,10,100 SOLs worth today?
State of SOL
The SOL token was also not doing well during this period. In the last 24 hours, the overall price of SOL fell by 2.11%. At press time, it was trading at $101.
Moreover, in the last few weeks, SOL’s trading volume fell from 5.78 billion to 2.81 billion.
Source: Santiment
get clomid pills can i order cheap clomiphene without rx can i order generic clomid without a prescription cost clomiphene online can you get cheap clomiphene prices clomiphene pills for sale can i order clomiphene without rx
More posts like this would prosper the blogosphere more useful.
This is the kind of glad I get high on reading.
order rybelsus 14 mg online cheap – buy periactin medication periactin tablet
buy motilium no prescription – domperidone ca flexeril buy online
inderal pills – buy cheap generic methotrexate methotrexate 2.5mg ca
buy zithromax generic – tinidazole 300mg drug how to buy bystolic
amoxiclav price – https://atbioinfo.com/ buy ampicillin no prescription
order nexium 20mg – nexium to us esomeprazole 40mg tablet
coumadin 5mg ca – https://coumamide.com/ buy cozaar pills for sale
mobic canada – https://moboxsin.com/ mobic 7.5mg ca
buy cheap prednisone – https://apreplson.com/ deltasone 20mg tablet
pills for erection – https://fastedtotake.com/ buy erectile dysfunction drugs over the counter
order generic amoxicillin – combamoxi purchase amoxicillin online cheap
diflucan price – on this site oral forcan
oral cenforce 50mg – https://cenforcers.com/# cenforce online order
cialis professional ingredients – https://ciltadgn.com/# generic tadalafil prices
tadalafil pulmonary hypertension – https://strongtadafl.com/ purchase cialis online
order zantac 300mg sale – on this site order ranitidine