Solana ecosystem makes a strong comeback, DEX, Meme coins, and DePin become the three major driving forces
After the impact of the FTX collapse, Solana has rebounded strongly, with the trading volume on its high-performance on-chain DEXs (such as Jupiter and Raydium) surging. At the same time, Meme coins like BONK and WIF, as well as DePin (decentralized physical infrastructure) projects like Helium (HNT) are driving SOL prices to soar. However, network congestion remains a major challenge for the development of the Solana ecosystem.