#SolanaSurge Solana has fallen 67% from its all-time high reached in January this year. However, it seems to have found a local bottom at $95 and is currently trading at $134.1.

The nearly 40% rise from the bottom might not be over, as indicated by some metrics. The decline of this cryptocurrency has also led to a decrease in activity on its network, particularly in the decentralized applications (DApps) segment.

In the past week, DApps on Solana recorded a trading volume of $15.8 billion, surpassing Ethereum's scaling solutions by over 50%.

As a result, Solana has regained the top position in the ranking of blockchains sorted by the trading volumes of their decentralized exchanges. Compared to last week, the trading volume increased by nearly 16%.