Solana’s DApp weekly transaction volume reached $20.9 billion, down 30% from the previous month

PANews reported on December 28 that according to Cointelegraph, SOL's poor performance in recent days has caused traders to worry that prices may fall further. Solana's on-chain DApp transaction volume ranked second with a weekly transaction volume of US$20.9 billion, but it performed the worst among the top 10 blockchains, falling 30% in 7 days. In contrast, Ethereum's on-chain transaction volume fell by 15%, while Sui fell by 8%. Solana network TVL reached a two-year high of 44 million SOL. According to DefiLlama data, the monthly growth of 16% was driven by platforms such as Binance Staked SOL, Jupiter, Drift and Orca. On the downside, deposits from Jito, Sanctum and MarginFi have declined.