Solana has surpassed Ethereum in each 24-hour and weekly payment income collections.
For the primary time, Solana generated roughly $25 million in weekly charges through the week of July 22, in comparison with Ethereum’s $21 million.
This shift is essentially pushed by lively buying and selling of memecoins and the Moonshot mission on Solana’s platform.
Consequently, Solana’s whole worth locked (TVL) has surged to $5.5 billion this 12 months, tripling its earlier worth.
Moreover, the community recorded $5.5 million in transaction charges. This notable improve in exercise and income highlights Solana’s rising prominence within the cryptocurrency market.
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