PANews December 28 news, according to Cointelegraph, SOL's recent poor performance has raised traders' concerns about the possibility of further price declines. Solana's on-chain DApp trading volume ranks second with a weekly trading volume of 20.9 billion USD, but it performed the worst among the top 10 blockchains, dropping 30% in 7 days. In contrast, Ethereum's on-chain trading volume decreased by 15%, while Sui dropped by 8%. Solana's network TVL reached its highest level in two years at 44 million SOL. According to DefiLlama data, the monthly growth of 16% was driven by platforms such as Binance Staked SOL, Jupiter, Drift, and Orca. On the downside, deposits in Jito, Sanctum, and MarginFi have declined.
