Summary
- Solana network's fee revenue remained at 53,800 SOL last week, a 10% decrease compared to the previous week.
- This is the lowest level since last September, with network usage declining due to the market downturn and specific incidents within Solana.
- Considering that fee revenue previously reached a peak of 361,000 SOL, the current revenue decline requires caution from investors.
Solana (SOL)'s network fee revenue has significantly decreased.
On the 10th (current time), cryptocurrency media The Block reported that the total transaction fees generated on the Solana network last week were only 53,800 SOL, a 10% decrease compared to the previous week. This is the lowest level since last September.
Previously, the Solana network achieved an all-time high of 361,000 SOL in fee revenue in January when meme coins such as OfficialTrump (TRUMP) and Melania (MELANIA) were issued. However, since then, the cryptocurrency market has entered an overall downtrend, and in addition, events such as the Libra (LIBRA) incident on Solana have significantly reduced network usage.
Uk Jin
wook9629@bloomingbit.ioH3LLO, World! I am Uk Jin.
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