Solana (SOL), one of the largest cryptos in terms of market capitalization, has turned bullish in the past few hours. On the other hand, the blockchain’s network activity has been declining after increasing dramatically over the past several months. In the meantime, a new DEX is making headlines with its surge in adoption. Ergo, let’s take a closer look at what’s going on with this new DEX, GRVT.
Solana’s dropping network activity
As per Artemis, a popular data analytics platform that provides insights into several blockchains’ network activity, Solana was witnessing a decline in its activity. This was evident from the decline in its daily active addresses in the seven-day time span. During the same time, the blockchain’s daily transactions also dipped—signaling less usage. Apart from that, things in the captured value front also didn’t look good as both Solana’s fees and revenue dropped.
GRVT is now in the limelight!
While Solana’s network activity was declining,
We współpracy z: https://coingape.com/solanas-network-activity-drops-but-this-newcomer-is-making-headlines-with-explosive-growth/
