:: On-chain Insights ::
🔥 #Solana continues to show a great daily volume and signs of strong demand for the chain!
▪️ Even despite market uncertainty, Solana's daily volume remains very high.
▪️ The average daily volume for the last few weeks stays pretty stable around $700M-$1B per day!
▪️ At the same time, Solana's competitors like Arbitrum show a volume drop, with current volume at around $400-500M per day.
▪️ Even when compared with Ethereum, the daily volume of Ethereum is around $1-1.3B per day.
▪️ Taking into consideration that Solana's community is significantly smaller, Solana stands out as a winner against EVM for the last few weeks.
