Solana has Experienced 88 % drowned the growth of the distinctive symbol, according to the new data provided by sand dune analyzes.
Only 330,000 icons were created in February. This is a very sharp decrease compared to the previous month (more than 2.3 million code was created in January).
The total number of unique encryption codes increased only by 0.8 % on the basis of the month.
The prominent cryptocurrency analyst Conor Grogan has noticed, this is the lowest growth rate that has been recorded so far based on the available data.
Grogan believes that this rapid decline can be attributed to the activity of the retreat of robot farms.
“Since the majority of the symbols created are robot/fraud farms, this slowdown for me is a sign that the retail fans no longer decrease in the largest number of fraud, and therefore the symbolic farms are no longer profitable to work on a large scale.”
Earlier this month, Solana Miles Deutscher analyst male The number of new Solana addresses has seen a 53 % dramatic decrease. It is worth noting that this is similar to a decrease in the height of the network last summer. Deutcher predicted that Solana may soon start reaching the bottom on the series.
like It was mentioned by u.todayThere was also a significant decrease in the Solana whales. This negatively affected the performance of one of the most prominent altcoins.
According to the data provided by Coingecko, the distinctive symbol has decreased by 30 % during the past month.
