PANews reported on July 7 that according to Coin98 Analytics, in the second quarter of 2024, Solana's fees and revenues increased significantly, generating more than $26 million in revenue, a year-on-year increase of more than 42 times. SOL's total transaction volume reached $292 billion, an increase of nearly 7 times over the same period last year. More than 15.3 billion transactions (voting and non-voting transactions) were completed in the second quarter; TVL reached $3.4 billion, a year-on-year increase of 10 times; more than 98 million new NFTs were added, a year-on-year increase of 54 times; USDC market value reached $2.15 billion (about 70% of the total market value).