Coin98 Report: Solana's Q2 revenue increased 42 times year-on-year, while SOL trading volume grew nearly 7 times compared to the same period last year
PANews reported on July 7th, according to Coin98 Analytics, Solana's fees and revenues saw a significant increase in the second quarter of 2024, generating over $26 million in revenue, an increase of more than 42 times year-on-year. The total transaction volume of SOL reached $292 billion, nearly seven times higher than the same period last year. More than 153 billion transactions (voting and non-voting) were completed in the second quarter; TVL reached $3.4 billion, a tenfold increase year-on-year; new NFTs exceeded 98 million, a 54-fold increase year-on-year; USDC market value reached $2.15 billion (approximately accounting for 70% of the total market value).
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