Solana Achieves Record Growth in Q4 2024
- Solana’s Chain GDP grew by 213% quarter-over-quarter, reaching $840 million in Q4 2024.
- The DeFi total value locked increased by 64% to $8.6 billion, making Solana the second-largest DeFi network.
- The average daily decentralized exchange volume rose by 150% to $3.3 billion.
- Solana’s stablecoin market cap grew by 36%, reaching $5.1 billion, with USDC holding a 75% market share.
- Average daily fee payers increased by 171%, totaling 5.1 million users.
In Q4 2024, Solana experienced significant growth across various metrics, including a remarkable increase in Chain GDP and DeFi value locked, positioning it as a leading blockchain network.
Source (2.6)https://www.newsbtc.com/news/solana/solana-metrics-surge-total-app-revenue-climbs-to-840m-in-record-breaking-quarter/?rand=52377
