While much of the market faces turbulence, Solana continues to show strong on-chain performance. According to Solscan and Messari, daily active addresses surged by more than 40%, and transaction counts approached yearly highs.
1. DeFi activity accelerates
New lending protocols and DEX platforms on Solana rapidly expand their TVL, which grew by over 20% in recent weeks.
2. Meme tokens fuel network adoption
Love them or hate them, Solana-based meme tokens attract thousands of new users daily. The network's low fees and high speed create an ideal environment for viral launches.
3. Developer interest increases
GitHub activity within the Solana ecosystem is up 30%, reflecting strong developer adoption and ongoing infrastructure improvements.
4. SOL price stays resilient
Despite broader market pressure, SOL maintains stability above key support levels, reinforcing long-term investor confidence.
Keywords: Solana, SOL price, Solana DeFi, blockchain transactions, Solana meme tokens, network activity, crypto ecosystem growth, crypto news.