Solana (SOL) recorded the highest daily net inflow of $12 million on December 15, outpacing all other major blockchains, including Sui, Base, Arbitrum, and Ethereum. This achievement reaffirms Solana's strong position among the top blockchain networks.
Solana Back at the Top
According to data from Artemis.XYZ, Solana ranked as the top-performing network in terms of daily net inflow among the 20 largest blockchains on December 15. Its $12 million net inflow exceeded the combined inflows of Arbitrum (ARB) and Sui (SUI), which took second and third place.
Arbitrum recorded a net inflow of $5.9 million.
Sui came in third with $5.3 million.
Other notable performers included OP Mainnet ($2.2 million) and Base ($2.1 million).
At the other end of the spectrum, Ethereum (ETH) saw a net outflow of $25.4 million, placing it last.
Solana Defies Market Trends
Unlike previous instances, Solana's recent growth in inflows was not driven by meme coin activity. Pump.fun, a popular meme coin launchpad on the Solana blockchain, reported only a minor revenue decrease of 6%, dropping from $2.67 million on December 14 to $2.51 million on December 15.
This contrasts with Pump.fun's November peak of $14.3 million, as its current revenues remain below $5 million.
Solana’s Key Achievements in 2024
Solana continues to establish itself as one of the leading blockchain networks, with notable milestones including:
83% Growth: According to crypto.news, Solana was recognized as the fastest-growing blockchain of 2024.
Record Trading Volume: In November, Solana achieved a monthly decentralized exchange trading volume of $109.73 billion, becoming the first blockchain in crypto history to surpass the $100 billion mark.
All-Time Highs: Solana’s price reached a historic high of $263.21 on November 23 after rising nearly 9% and breaking above $200 for the first time in seven months.
Solana’s Current Status
As of today, Solana is trading at $220.76, reflecting a 2% increase in the past 24 hours. The network’s market capitalization stands at approximately $105 billion, with a fully diluted valuation exceeding $130 billion.
This performance underscores why Solana remains one of the leading players in the blockchain ecosystem.
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