Solana players could see some relief at the end of the year thanks to…

  • Solana’s Stakers boasts of reported growth, but the cast continues to decline
  • General activity in Solana is declining, but development activity continues to improve

Solana [SOL] Auditors and representatives have reported improvements and growth in recent months. Despite the research and development that has surrounded SOL over the past year, Solana players have seen improvements.

Read Solanas [SOL] predict the price 2023-2024

launch angle

In a recent development, it was noted that JuicyStakes, a platform that provides deposit checking services, has seen improvements in Staking SOL. Its founder stated that the number of active players and the balance on each account has increased.

This development may help improve the current state of the Solana effort. But the total number of stores on Solana The network has declined over the past month, according to data from Staking Rewards. The number of players has decreased by 29.55% in the last 30 days.

This may be due to the uncertainty surrounding Solana due to recent events. another area there Solana I was affected by the activity on the Solana Network.

Based on data from Dune Analytics, it was noted that the number of daily active accounts on Solana saw a decrease. In the past three months, the number of active addresses on Solana’s network has decreased from 211,079 to 93,604.

After that, the number of transactions on the Solana network also decreased. The number of transactions on Solana’s network decreased by 6 million in one month according to data from Dune Analytics.

Source: Dune Analytics

This drop in activity also affected dApps on Solana.

dApp on it

According to DappRadar, major dApps are running Solana People like Magic Eden and Saber have noticed a decrease in unique active wallets. Magic Eden’s unique active users are down 4.58% in the last week.

On the other hand, the number of unique wallets on Saber decreased by 10.19% and their volume decreased by 69% over the same period.

how much Can you get a Solana for $1?

Solana couldn’t do a good job, metrics-wise in the series either.

According to Santiment data, Solana’s volume fell from 730.46 million to 117.32 million last month. But things may change for the better for SOL thanks to increased development activity.

In addition, Solana’s development activity has seen an exponential increase over the past 30 days. This indicates that the number of contributions from the Solana development team to GitHub has increased.

This increase in development activity may also indicate that new updates and upgrades may be on the way for Solana.

Source: feeling

At the time of publication, Solana is trading at $11.42 and its price is up 0.56% over the past 24 hours.

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