Solana operators boast growth, but staker numbers continue to decline. Solana’s overall performance is slowing, but development activity continues to improve. Solana [SOL] validators and stakers have reported improvements and growth that have occurred over the past few months.
Despite the FUD that surrounded SOL last year, Solana officials have seen progress. Solana operators boast growth, but staker numbers continue to decline. Solana’s overall performance is slowing, but development activity continues to improve. Solana [SOL] validators and stakers have reported improvements and growth that have occurred over the past few months.
Despite the Stake FUD that surrounded SOL last year, Solana officials have seen progress.
In a recent development, it has been seen that JuicyStakes, a platform that provides support staking services, has seen an update regarding SOL staking. Its founder said that the number of active traders and the balance in each account has increased.
This development may help improve the current situation of involvement in Solana. However, the number of punters on the Solana network has decreased in the past month according to data provided by Staking Rewards. The number of sellers has decreased by 29.55% in the last 30 days.
This may be due to the uncertainty surrounding Solana due to recent events. Another area Solana is concerned with is the service on the Solana network. According to the data provided by Dune Analytics, it has been found that the number of daily active accounts in Solana is decreasing.
In the last three months, the number of active addresses in the Solana network has grown from 211,079 to 93,604. Eventually, the number of transactions in the Solana network decreased. The number of transactions in the Solana network fell by 6 million over a month according to data from Dune Analytic.
According to DappRadar, major dApps in Solana such as Magic and Saber have seen a drop in wallets that operate exclusively. Special Agents in Magic have decreased by 4.58% in the past week.
In contrast, the number of special wallets in Saber decreased by 10.19% and its volume decreased by 69% in the same period. How many Solanas can you get for $1?
Solana is no longer successful, in terms of on-chain machines. According to the data provided by Santiment, the volume of Solana has increased from 730.46 million to 117.32 million compared to the previous month. However, things can change for the better for SOL for the increase in development work.
In addition, Solana’s development activity has seen a significant increase in the past 30 days. This shows that the number of contributions made by the Solana development team on its GitHub has increased. This increase in development activity may also suggest that new updates and improvements may be on the way for Solana.
At press time, Solana is trading at $11.42 and its price has risen 0.56% in the last 24 hours.
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