In two weeks, the total value of assets locked in Solana-based DeFi protocols has declined from 12.03 million SOL to 10.23 million SOL, the lowest since April 2021, according to DefiLlama. TVL, though an imperfect measure, is widely tracked to gauge the usage of smart contracts.
Related posts
-
June sales drop 47% but there are more buyers and sellers
The non-fungible token (NFT) market experienced a remarkable drop in activity over the past month, with... -
SEC Asks Court to Quash Coinbase Subpoena in Legal Clash Over Crypto Regulations
The U.S. Securities and Exchange Commission (SEC) has asked... -
Analyst Bullish On Crypto’s 240% Rally
The cryptocurrency market has been a rollercoaster ride in 2024, with many tokens experiencing significant losses....