Solana has surpassed Ethereum in each 24-hour and weekly price income collections.

For the primary time, Solana generated roughly $25 million in weekly charges throughout the week of July 22, in comparison with Ethereum’s $21 million.

This shift is essentially pushed by energetic buying and selling of memecoins and the Moonshot mission on Solana’s platform.

Consequently, Solana’s complete worth locked (TVL) has surged to $5.5 billion this 12 months, tripling its earlier worth.

Moreover, the community recorded $5.5 million in transaction charges. This notable improve in exercise and income highlights Solana’s rising prominence within the cryptocurrency market.

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