SOL stabilizes while Solana’s DApps continue to outpace competitors in revenue generation.
SOL slightly declined from $160 to $158, a small loss that contrasts with the more significant losses seen in the past few weeks. It could have been worse, as SOL recovered from a weekly low below $145.
Tron gained 5% in the same period, taking its TVL above the $5 billion mark.
Solana DApps are making it a tradition to lead their competitors in weekly revenue. The network’s DApps generated $35.3 million, accounting for nearly half of the market share.
SPX6900 (SPX) continued where it left off last week by rising 28%—but it was not the biggest gainer within Solana’s ecosystem.
Top Performers
Biggest Losers
Maple Finance Goes to Solana
Pump.fun Targets $1B Token Sale at $4B Valuation
CUDIS Launches Solana Token To Decentralize Health Data
- Stay vigilant as the June FOMC Meeting draws closer.
- Closely follow the markets as sentiment improves.
- Monitor your Solana-based tokens as its ecosystem finally puts the brakes on weeks of drawdowns.
- Keep your ear to the ground for a potential Pump.fun token sale and airdrop.
This article contains links to third-party websites or other content for information purposes only (“Third-Party Sites”). The Third-Party Sites are not under the control of CoinMarketCap, and CoinMarketCap is not responsible for the content of any Third-Party Site, including without limitation any link contained in a Third-Party Site, or any changes or updates to a Third-Party Site. CoinMarketCap is providing these links to you only as a convenience, and the inclusion of any link does not imply endorsement, approval or recommendation by CoinMarketCap of the site or any association with its operators.
This article is intended to be used and must be used for informational purposes only. It is important to do your own research and analysis before making any material decisions related to any of the products or services described. This article is not intended as, and shall not be construed as, financial advice.
The views and opinions expressed in this article are the author’s [company’s] own and do not necessarily reflect those of CoinMarketCap.