Deep Tide TechFlow News, on November 1st, according to a report by Cointelegraph, based on Messari's latest report, the Solana ecosystem saw strong institutional investment growth in the third quarter of 2024. During this period, a total of 29 decentralized applications (DApps) based on Solana raised a cumulative financing of $173 million, a quarter-on-quarter increase of over 54%, marking the highest level since the second quarter of 2022.
Data shows that the daily average number of users paying transaction fees on Solana increased to 1.9 million in the third quarter, a quarter-on-quarter growth of 109%, with new fee-paying users growing by 430% to 1.3 million. Solana has become the third largest tokenized government bond blockchain platform, with a tokenized scale of $123 million, second only to Stellar ($422 million) and Ethereum ($1.6 billion).
