Solana blockchain coins are experiencing growth after a few months of decline. Recently, the daily transaction volume of these tokens has significantly increased, with many leading tokens in this sector experiencing noticeable growth. Network activity increase has caused Solana’s (SOL) price to distance itself from its lowest level in the past 12 months. Pump and dump schemes and tariff uncertainties previously caused volatility in the coin market, but conditions seem to have improved now. Solana coins are a significant part of this network’s ecosystem. Despite recent credibility issues due to the Libra project in Argentina and tariff problems, statistics show that the transaction volume of these tokens is once again increasing. According to Colin Wu’s report, the Axiom trading platform recorded a daily transaction volume of over $100 million for the first time on April 14, with about 50% of the market share of Solana coins. Additionally, the platform has reached 26,800 users, a new record. Recently, the Pump.fun platform also launched a new decentralized exchange (DEX) called Pumpswap, which has captured 14% of the Solana DEX market. On April 16, the daily transaction volume on Pumpswap increased by 50%. Data from DeFiLlama also indicates that transactions on Solana’s decentralized exchanges, after a decline in March, are now recovering. This positive trend is not limited to a few specific platforms but is observed network-wide. Alongside the increase in user activity, the price performance of Solana coins has also grown. In the past week, 8 out of the top 10 tokens in this sector experienced double-digit growth. Despite negative pressures, the TRUMP token managed to grow by 4.5% during this time. Within the same period, Solana’s price also increased by around 20%. You can track the live prices of all tokens and cryptocurrencies on the real-time digital currency price page.
