🪙 Sharp drop in commission volume on Solana

Total commission volume on Solana has dropped to $639,000 per day, down 65% from this month’s high of $1.83 million and 87% from its all-time high of $5.08 million in March.

📉 Experts have noted a decline in user activity, especially for meme tokens on Solana. This is largely due to the emergence of a strong competitor, Tron.