Solana TVL rises to 40.9 million SOL, a two-year high, up 26% in the past two months

Odaily Planet Daily Report: In the past week, BNB Chain on-chain activity decreased by 37%, and DApp trading volume declined by 25%. Underperforming platforms include PancakeSwap (down 25%) and Uniswap (down 22%). In comparison, according to defillama data, Ethereum DApp trading volume decreased by 9% during the same period, while Solana's on-chain activity decreased by 15%. Currently, the BNB Chain TVL is 8.1 million BNB, which is relatively unchanged compared to two months ago. However, as of the week of October 7th, its network fees have fallen to the lowest level in over four years, with cumulative fees of 1,880 BNB, a 56% decrease from the previous week. Meanwhile, Ethereum TVL is 19.2 million ETH, unchanged from two months ago; Solana TVL has risen to 40.9 million SOL, the highest level in two years, growing 26% over the past two months. (Cointelegraph)