:: On-chain Insights ::

🔥 #Solana continues to show a great daily volume and signs of strong demand for the chain!

▪️ Even despite market uncertainty, Solana's daily volume remains very high.

▪️ The average daily volume for the last few weeks stays pretty stable around $700M-$1B per day!

▪️ At the same time, Solana's competitors like Arbitrum show a volume drop, with current volume at around $400-500M per day.

▪️ Even when compared with Ethereum, the daily volume of Ethereum is around $1-1.3B per day.

▪️ Taking into consideration that Solana's community is significantly smaller, Solana stands out as a winner against EVM for the last few weeks.

$SOL $ETH $PEPE