Solana Beats Market with a daily size of 5.84B, but Sol slip 6 % – what now? star-news.press/wp

Main meals

Solana flows rose in the previous week, with the leadership of the traded investment funds and ETPS. However, there were many bridges from other chains to Solana. This raised the resulting revenue amount.

Solana has maintained a strong trend in prices and cases of real use of the world. Last week, the flows exceeded $ 400 million, including Solana -based products and the assets that were fed.

Within the past 24 hours, Solana has decreased by 6 %, but was displayed when it was widowed from a weekly time frame scale. Interestingly, the daily volume was $ 5.84 billion, an increase of 58 % at the time of writing this report.

Altcoins has maintained a dangerous capital at a time when the market corrects. The total ceiling of the encryption market decreased about 3.56 %. However, why was Solana different in terms of money flow?

What pays flows?

Solana institutions and products such as ETFS and ETPS were responsible for leading these fees. According to the investors in Faris DataThe total Rex-ASPREY (SSK) flow was $ 166.7 million.

Last week alone, more than $ 176 million was injected. This has reached the total month to 199 million dollars, and it exceeded the last one billion dollars.

Only ETHEREUM (ETH) and BTC had higher weekly flows, worth $ 2.87 billion and $ 552 million, respectively.

Source: Coinshares

Solana Blwchin’s total assets on Solana Bluchin reached $ 2.84 billion.

More capital of Seoul entered through the bridge. Most funds (about 62 %) came from the ethereum network. It was about $ 126 million out of a total of $ 230 million over a similar period.

About 56 million dollars were blocked from one arrangement (ARB), while it remained 20 million dollars in a left base chain. Other chains such as Polygon (Pol), Avalanche (Avax) and Sui Network (sui) contributed less than $ 10 million.

Source: Solana Floor/X.

Also, the capital of whales from memecoins.

Smart money flows have dominated the return on investment over the past seven. Mimosins was built on Solana in the face of retreat. The whales revolve around its capital in speculative assets.

However, the move attracted more money. The Transport Department is more than $ 1.25 billion. The total network is now 24 billion dollars.

Stablecoins was generally rising in the width across several groups, as mentioned previously in ABCRYPTO analysis.

This increase in flows and activity led to a high revenue.

Solana network revenues rise

In particular, activities on Solana’s platforms such as Jupiter (JuP), Raydium (Ray), LetsbonkFun, Pump.fun are the main revenue drivers.

Pump.fun has regained its progress for the second week by creating $ 10 million. The total of all DAPPS was $ 35 million.

Solana led other chains by generating revenues for 22 consecutive weeks, each Solana Earth. Track (TRX), ETHEREUM and Bitcoin.

Source: Blockworks

However, Solana continues to face a violent reaction because of her wide acquisition by investment capital companies. Therefore, the current flow should be found on all fronts.

Sometimes, such transactions to attract naive merchants and their trap. However, Solana’s look remained ascending, and flows could be indicating that increasing another price was accumulated.