Transaction volumes of tokens in the Solana (SOL) ecosystem reached the highest level in a year.
Solana’s daily trading volume is the highest since October 2022 40 billion dollars It was stated that this situation was due to meme coins in the ecosystem.
The current value traded on Solana is below the 7-day moving average of trading volumes. 5 billion dollars It has increased by 700% since the previous December rate.
Sandra Leow, Nansen research manager, said Solana-based transactions are about from 20-30 million He said it exceeded 50 million transactions. Leow also in Solana daily active wallet addresses in October 2023 120 thousand currently at levels 470 thousand He emphasized that he overcame it.
Located in the Solana ecosystem Bonk (BONK) and similar meme coins attracting attention on the network of the increase was among the main reasons. Last year’s biggest gainer in value was Bonk. A lot It made the investors rich.