Golden Finance reports that a research report released by Coinbase Institutional shows that the activity of the Solana network exhibits significant regional characteristics, primarily concentrated in the U.S. time zones, with higher activity levels in the U.S. Pacific time zone. Its core user base is likely mainly distributed in the U.S. West Coast region. The report data indicates that the fee expenditure on the Solana network is highly concentrated, with the top 0.13% of user accounts contributing 90% of non-voting transaction fees, of which DEX-related activities account for 75%-90% of total successful transaction fees, significantly higher than Ethereum's 55%-65%. Coinbase analysts point out that the current revenue sources of the Solana ecosystem mainly rely on DEX trading activities, and this concentration may stem from its active Meme coin ecosystem.