Measure the platform's assets by the SOL balance of monthly traders on the Meme trading platform
April:
Axiom 211,487 SOL Month-on-month growth 113.4%📈
Photon 72,102 SOL Month-on-month growth 9.6%📈
BullX 45,607 SOL Month-on-month decline 23.4%📉
GMGN 29,526 SOL Month-on-month growth 15.3%📈
Vector 2,543 SOL Month-on-month decline 19.2%📉
Ave 2,292 SOL Month-on-month growth 123.6%📈
(Not deduplicated)
In April, the monthly trader balances of the four leading platforms Axiom + Photon + BullX + GMGN reached 358,722 SOL, with a month-on-month growth of 43.5%, also surpassing February (311,209 SOL), and nearing the level of last December (374,053 SOL). Although it cannot be compared to January, which gave birth to TRUMP, the potential purchasing power on the chain is recovering
I believe the recovery of potential purchasing power will gradually reflect in the on-chain trading volume in the coming months, perhaps it just needs a spark to ignite the straw.