Solana's decentralized applications generated about $5.14 million in daily revenue, nearly 17 times more than Base's $304,000, according to DeFiLlama. This gap reflects Solana's strong app-layer monetization driven by high-frequency trading and launchpads, while Base, despite Coinbase backing and low fees, struggles to convert activity into significant app revenue. Solana's monthly app revenue rose from $91 million in May to $143 million in August, signaling accelerating adoption and supporting arguments for monolithic Layer-1 chains over Layer-2 solutions like Base.
U.S. spot Bitcoin ETFs recorded $119 million in net inflows on Tuesday, reversing a $90 million outflow from the previous day, even as Bitcoin's price fell from above $86,600 to below $84,000. In contrast, Ether ETFs experienced heavy selling with $2...
Bitcoin dominates the U.S. cryptocurrency spot ETF market with $110.68 billion in net assets, representing 6.54% of its market cap. XRP follows as the top altcoin ETF with $1.70 billion in net assets and strong inflows, outperforming Solana despite t...
Solana (SOL) traded around $118.79 on October 7, slightly down by 0.84%, staying below the $120 mark but above a key support level near $116.54. Technical indicators showed mixed momentum, with some suggesting stability while others pointed to cautio...
Solana (SOL) is trading around $121, maintaining support above its key moving averages and facing critical resistance at $125, which could dictate its next price direction. The digital asset has seen steady accumulation, with its DeFi ecosystem's tot...
Solana (SOL) closed at $120.68 on October 6, rising from about $103 a month earlier, as traders watch a key resistance level at $125. During the session, SOL traded between $118.88 and $122, with a market cap of $71.06 billion and 24-hour trading vol...
