Solana’s on-chain transaction volume has dropped 28% in the past seven days
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According to data from defillama, Solana's on-chain transaction volume declined by 28% in the seven days up to February 10, totaling $31.8 billion. The slowdown in decentralized exchange (DEX) activity may signal the end of the recent meme coin frenzy, which peaked on January 19 with the launch of the official TRUMP token.
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