Solana releases latest report showcasing highlights of network development

Solana is a high-performance underlying blockchain protocol designed to provide scalable and user-friendly applications worldwide.

 

On October 22nd, Solana officially released the "State of Solana: Breakpoint Edition" report, which pointed out that the total amount of stablecoins published on the network has reached $3.80 billion. In the third quarter of 2024, the founders raised a total of $173 million in funding, and 78 DePIN projects have successfully landed on Solana. These data demonstrate Solana's continued growth in stablecoins, decentralized finance, and the Internet of Things, indicating that its ecosystem has made significant progress in multiple directions.