A quick look at the highlights of Messari’s second quarter Solana report:
Although DeFi TVL’s USD price fell by 9% to US$4.5 billion, SOL’s price increased by 26%, indicating that there was no significant outflow of capital.
The average daily trading volume of DEX surged 32% to US$1.6 billion. Memecoin trading was active, with Jupiter leading the way. Perpetual contract trading also increased.
The market value of stablecoins jumped 8% to US$3.1 billion, ranking sixth on the Internet.
The NFT market cooled down, with average daily trading volume halved to $3.4 million.
The total economic value surged 41% to US$151 million, with transaction fees and MEV contributing significantly.
The number of daily paid active addresses increased by 300,000, and user activity increased significantly.
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