The digital asset market recorded a historic milestone last week, with $3.1 billion in inflows—the highest weekly figure ever.
Among the standout performers, Solana ($SOL) emerged as a leader, capturing $16 million in inflows, a figure five times greater than Ethereum’s.
Solana’s Growing Ecosystem
Over the past week, more than $300 million has been bridged to Solana from other blockchain networks, underscoring its growing appeal among crypto users and developers. Meanwhile, stablecoin inflows into Solana hit a record-breaking $620 million during the same period, the largest weekly inflow in the network’s history.
Staking Momentum Reaches New Highs
Solana’s staking ecosystem has also experienced a significant boost. The staking annual percentage yield (APY) climbed by more than 3% in the last two months, reaching an impressive 11.8%. This surge is attributed to rising transaction fees and increased revenue from maximum extractable value (MEV). In tandem with these favorable dynamics, the total value of staked $SOL has reached an all-time high of $100 billion.
Solana’s Competitive Edge
The confluence of high inflows, robust staking returns, and escalating adoption positions Solana as a key contender in the evolving blockchain landscape. Its ability to attract capital from other networks and record unprecedented stablecoin inflows highlights its growing dominance in decentralized finance (DeFi) and beyond.
As digital asset inflows hit historic levels, Solana’s strong performance signals its increasing relevance within the market. With its ecosystem expanding and staking rewards reaching new highs, Solana continues to build momentum, capturing the attention of investors and developers alike.
Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services.
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