Odaily Planet Daily News: SOL has recently performed poorly, raising concerns among traders about a potential further decline in prices. The on-chain DApp trading volume on Solana reached $20.9 billion for the week, ranking second, but it performed the worst among the top 10 blockchains, dropping 30% over the past 7 days. In contrast, Ethereum's on-chain trading volume decreased by 15%, while Sui dropped by 8%. The total value locked (TVL) in the Solana network has reached its highest level in two years, amounting to 44 million SOL. According to DefiLlama data, the monthly 16% growth has been driven by platforms such as Binance Staked SOL, Jupiter, Drift, and Orca. On the downside, deposits in Jito, Sanctum, and MarginFi have declined. (Cointelegraph)

#ETH