Messari released Solana’s second quarter report for 2023. The report showed that Solana’s market value fell by 9.2% from the previous quarter. The number of validators decreased by 21.1% month-on-month. Revenue (in SOL terms) fell 15% sequentially. TVL in USD increased 3.8% sequentially and TVL in SOL increased 18.6% sequentially. SOL-denominated NFT sales fell 43.3% month-on-month, with the number of independent buyers still outnumbering independent sellers, with about 539,000 buyers in total compared to about 524,000 sellers. Additionally, the total number of developers dropped to 1,475 as of June 1, down from more than 2,000 at the beginning of the year.