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solana flexin with 20% app income growth but lost 64% TVL?! ๐ฅ๐๐จ january earnings spike like ๐, pump.fun pumpin $257m, degen city! phantom,
solana out here makin’ moves in T1 2025 with that income growth, TVL drop, n cheaper transactions?! ๐๐ธ defi strugglin’ but stablecoins eatin’ good, phantom, photon, pump
brO, Solana’s out here doing the cha-cha with 20% growth in app income but a 64% TVL nosedive and 24% cheaper transactions… January was lit though with Pump.fun making it rain $257
In T1 2025, Solana experienced a 20% growth in application income, but saw a 64% drop in Total Value Locked (TVL) with transaction costs decreasing by 24%. Despite holding a strong position in the crypto market, Solana’s future success relies on meeting growth challenges. January marked a significant spike in earnings, demonstrating thriving app demand on Solana. Notably, Pump.fun led Dapps with $257 million turnover, while Phantom and Photon followed. DEFI TVL dropped 64%, but stablecoins surged by 145%, indicating a shift in investor preferences. Solana’s transaction costs decreased by 24%, enhancing its appeal to users and Dapps.
https://altcoin.observer/solana-q1-2025-income-hover/
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