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On the day BOME went online, the number of active addresses on the Solana network reached its peak in nearly a month

According to data shared by on-chain analyst @ai_9684xtpa, on the day BOME was launched (March 14th), the number of active addresses on the Solana network reached a peak of nearly one month (1.19 million), with the highest growth in active addresses between February 14th and March 14th being 115.66%. Influenced by the BOME hype, the number of new Meme issuances on the Solana network has surged in the past two days, with 8,849 new SPL tokens added on March 14th, expected to surpass the peak of nearly one month (9,690) this week.

Solana on-chain DEX’s trading volume exceeded US$1.4 billion yesterday, ranking first

DeFiLlama data, the trading volume of Solana's DEX on March 13th was 1.471 billion US dollars, surpassing Ethereum to rank first. The daily trading volume of BSC's DEX was 1.139 billion US dollars, ranking second; while the daily trading volume of Ethereum's DEX was 518.15 million US dollars, ranking third.

Unibot: The core team decided to terminate the partnership with the Solana team

On March 11th, Telegram Bot project Unibot announced that the Unibot core team has decided to terminate its partnership with Solana team. The main reasons for the termination are: 1. Solana team violated trust by launching a Blast bot named "evm_unibot" without prior permission and authorization, resulting in users reporting that they were unable to withdraw funds; 2. Refusal to complete KYC; 3. Despite multiple attempts to collect fees, Solana team failed to fulfill their promise to the Unibot core team, causing concern about the fees promised to Unibot holders. In addition, Unibot will develop its proprietary Solana bot, which will soon be available for users on both the Telegram platform and the Unisol-X platform. Unibot users will directly receive SOL reward tokens from the Unibot core team.

160,671 SOL transferred from unknown wallet to Binance

According to Whale Alert monitoring, at around 9:52 am Beijing time today, 160,671 SOL (23,637,905 USD) was transferred from an unknown wallet to Binance.

Solana Networks TVL tops $3 billion

According to Defillama data on March 8th, Solana network's TVL rose to $3.018 billion, with significant increases in TVL for multiple protocols within the Solana ecosystem, including:· Marinade, a Solana DeFi protocol, with a TVL of $1.422 billion and a monthly growth rate of 27.1%; · Jito, a Solana liquidity staking protocol, with a TVL of $1.223 billion and a monthly growth rate of 54.06%;· Kamino, a Solana liquidity solution, with a TVL of $730 million and a monthly growth rate of 92.86%.

Solana's DEX Volume Surges, Nears Ethereum's Dominance

Solana's decentralized exchange (DEX) volume has surged to 28.5%, bringing it closer to Ethereum's dominance at 36.1%. Solana's growth in DEX volumes has been impressive, with the network accounting for only 1.1% of the market share a year ago. Solana-based DEXs like Jupiter, Orca, Raydium, and Phoenix have attracted massive traffic and driven significant trading volumes. However, the surge in volume on Solana has also led to intermittent suspension of withdrawals on the network, and it remains to be seen if Ethereum's upcoming upgrades will give it more leverage on the DEX volume against Solana.
Solana's DEX Volume Surges, Nears Ethereum's Dominance

The weekly DEX trading volume on the Solana chain exceeds 11 billion US dollars, reaching a record high

According to DeFiLlama data, the weekly trading volume of Solana's DEX on the chain has exceeded $11 billion, reaching a historical high with a growth rate of 154.41%. In addition, the 24-hour trading volume of Solana's DEX on the chain has exceeded $2 billion.

SOL breaks above $130

Market data shows that SOL has broken through $130 and is currently trading at $130.05, with a daily decline of 3.84%. The market fluctuations are significant, so please be prepared for risk control.

Solana on-chain NFT sales exceeded $200 million in February, down nearly 9% from the previous month

The sales of NFTs on the Solana blockchain reached $217,406,389.95 in February, a decrease of nearly 9% from January's $238,736,545.7. Additionally, there were over 382,000 transactions of NFTs on the Solana blockchain in February, with 428,003 unique buyers and 191,507 unique sellers.

Dollar-denominated Solana fees rise 2,800% in six months

Since the third quarter of last year, Solana has gradually overcome the impact of the bankruptcy of FTX/Alameda. Toghrul Maharramov, an analyst at Power Your Own Research, shared data showing that the average dollar-denominated cost per transaction on the Solana (SOL) blockchain has skyrocketed from 0.001 USD to 0.03 USD, an increase of nearly 30 times, from August 2023 to February 2024, during which time the SOL price rose from 19 USD to 120 USD. The analysis suggests that the growth in fee revenue on the Solana chain may be related to previous airdrop activities such as Jupiter, and Solana co-founder Anatoly Yakovenko remains optimistic about the growth in fee revenue on the blockchain.