This article was prepared using automated systems that process publicly available information. It may contain inaccuracies or omissions and is provided for informational purposes only. Nothing herein constitutes financial, investment, legal, or tax advice.
Solana’s trading activity declined sharply in Q2, with application revenue dropping 44.2%. However, the network’s DeFi adoption and infrastructure metrics showed resilience, signaling strong fundamentals.
- Solana's DeFi TVL surged 30.4% to $8.6 billion, reinforcing its position as the second-largest network by TVL.
- The SEC approved the first Solana Staking ETF, with nine more spot Solana ETF applications pending.
- Anza's Alpenglow upgrade proposal targets sub-150ms finality, a 100x improvement over current confirmation times.
📎 Related coverage from: cryptoslate.com