$SOL 📊👀 #SOL State of Solana in Q2:

-Application revenues on the Solana network decreased by 44.2% compared to the previous quarter;

-Leaders in application revenues: PumpFun, $156.9M (-43.9%); Axiom, $126.6M (+641.3%); Jupiter, $66.4M (-15.6%); Phantom, $53.5M (-65.4%); Photon, $32.5M (-72.4%);

-Solana retains its second place among networks in terms of TVL (Total Value Locked) in DeFi;

-Top protocols on Solana ranked by DeFi TVL traffic volume in Q2: Kamini, Raydium, and Jupiter;

-The total value of real assets (in $) on Solana amounts to $390.6M #RWA at the end of Q2, up 124.8% since the beginning of the year;

-Solana remains a major center for DePIN (Decentralized Physical Infrastructure Networks);

-64.8% of the circulating supply of SOL is staked.