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Crazy weekend: Cryptos Solana moment in 10 charts

Анализ1мос. назадreleased 6086см...
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Оригинальный автор: Ignas , Крипто КОЛ

Оригинальный перевод: Феликс, PANews

This past weekend was probably the craziest weekend in криптовалюта. Here are 10 charts to help you understand:

Record DEX trading volumes:

The Solana network DEX transaction volume reached 27 billion US dollars, far exceeding ETHs 5 billion US dollars.

Crazy weekend: Cryptos Solana moment in 10 charts

DEX trading volume on Solana jumped from an average of approximately $5 billion to $27 billion, a 5.4x increase.

Crazy weekend: Cryptos Solana moment in 10 charts

As a result, DEX’s share of CEX spot trading volume reached an all-time high of 19%.

Price discovery happens on DEXs, not CEXs.

Crazy weekend: Cryptos Solana moment in 10 charts

Funds flowed from Arbitrum to Solana, ETH, and Base.

The Solana network saw a net inflow of $153 million, while Arbitrum lost $405 million in the week.

Crazy weekend: Cryptos Solana moment in 10 charts

The following figure is another way to visualize Solana traffic.

DeBridge analysis shows that about $300 million is flowing into Solana each week, mainly from Ethereum, Base, and Arbitrum.

Solana’s outflows reached approximately $140 million.

Crazy weekend: Cryptos Solana moment in 10 charts

Phantom reports more than 8 million requests per minute.

Phantom users traded $1.25 billion in volume, with 10 million transactions.

Assuming Phantom’s current rate is 0.85%, the swap fee would be $10.6 million.

On the day the TRUMP coin was launched, SOL recorded its largest single-day increase against ETH since 2021. The 25% increase further hit the morale of the Ethereum community and increased pressure on internal reforms of the Ethereum Foundation. Crazy weekend: Cryptos Solana moment in 10 charts

However, not all is good for Solana:

  • Average cost increased 20 times

  • Many people simply cannot complete the transaction

Crazy weekend: Cryptos Solana moment in 10 charts

High fees are very beneficial for SOL stakers.

A total of $57 million in fees were paid, but the majority were $33 million in priority fees and $23.5 million in Jito Tips ( Хито verification tips).

Crazy weekend: Cryptos Solana moment in 10 charts

Importantly, SOL destroyed a record amount of approximately $16.7 million.

Don’t use “ultra-sound money” as an excuse, because weekend destruction accounts for 81% of SOL issuance, which is much higher than daily.

The following figure shows the Solana destruction rate:

Crazy weekend: Cryptos Solana moment in 10 charts

Overall, it was a wild weekend for Solana, with TRUMP, MELANIA, and SOL dominating the market. Meanwhile, sentiment on ETH turned negative again.

Crazy weekend: Cryptos Solana moment in 10 charts

This article is sourced from the internet: Crazy weekend: Cryptos Solana moment in 10 charts

Related: Nillions comprehensive research report: A leader in blind computing across the two tracks of AI and privacy

This article comes from | Messari Compiled by Odaily Planet Daily ( @OdailyChine ) Translator| Azuma ( @azuma_eth ) Editors Note: Earlier this week, the market was buzzing with a list of popular projects expected to hold TGE in the first quarter of this year. Nillion, the privacy computing leader that had raised $50 million, was among them. In the following, investment research firm Messari analyzes Nillion in detail from multiple levels, including team, narrative, technology, architecture, token, ecology, roadmap, etc., which may help you further understand the information and dynamics of the project. The following is the full text of Messari, translated by Odaily Planet Daily. Core content overview Nillion has established partnerships with companies/projects such as Virtuals, NEAR, Aptos, Arbitrum, Ritual, io.net, and Meta. A complete set of…

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