📊👀 #SOL State of Solana in Q2:
- App revenue on the Solana network was down 44.2% from the previous quarter;
- App revenue leaders PumpFun, $156.9 million (-43.9%); Axiom, $126.6 million (+641.3%); Jupiter, $66.4 million (-15.6%); Phantom, $53.5 million (-65.4%); Photon, $32.5 million (-72.4%);
- Solana retained the second place among networks in terms of DeFi TVL;
- Leading protocols on Solana ranked by DeFi TVL traffic volume in Q2: Kamini, Raydium and Jupiter;
- Total real asset value (in $) on Solana totaled $390.6 million #RWA at the end of Q2, up 124.8% YTD;
- Solana continues to be a DePIN center;
- 64.8% of SOL's working capital supply is in staking.
#solana #MarketTurbulence #HotJulyPPI #REVABinanceTGE #DeFiGetsGraded
