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Solana Q2 network fees and revenue increased by more than 42 times year-on-year, and TVL increased by 10 times year-on-year

Solana Q2 network fees and revenue increased by more than 42 times year-on-year, and TVL increased by 10 times year-on-year

CointimeCointime2024/07/07 10:13
By:Cointime

According to the Solana Q2 financial report released by Coin98 Analytics, the Solana network fees and revenue experienced significant growth in the quarter, with a year-over-year increase of over 42 times; SOL's total transaction volume reached 292 billion US dollars, an increase of nearly 7 times compared to the same period last year. In addition, the Solana Q2 network and ecological indicators are as follows: - conducting more than 15.3 billion transactions (including voting and non-voting); - TVL reached 3.4 billion US dollars, an increase of 10 times year-on-year; - new minted NFTs exceeded 98 million, an increase of 54 times year-on-year; - the on-chain USDC market value reached 2.15 billion US dollars (accounting for about 70% of the total USDC market value).

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