Solana Founder hit Sol Bulls with verification of reality
It was easy to discover the noise around Solana recently. With the increased Sol trading above $ 136 and daily network activity, upward calls are higher than above – including predictions that Solana (SOL) can end up to 95 % of encryption users. But this week, the co -founder Anatoli Yakovinko presented a cold dose of realism: not without work.
Yakovenko comment is not a dismissal, but a reminder. Solana may lead to implementation, but translating this to dominance will take more than speed. Transforming high sharing to high retention – this is the real work now.
Looking at the scales, the total value of Solana Locked is about $ 8.819 billion, and it fails to ethereum at a value of 50.234 billion dollars. Nevertheless, it weighs over its weight in size. Solana leads all chains in Daily Dex Trading, with more than $ 1.719 billion in size 24 hours-before Ilam of Ethereum 924.73 million dollars and 654.88 million dollars from the BNB series.
Stablecoin’s activity tells a similar story. Solana hosts about $ 12.71 billion in Stablecoins, which is dominated by USDC, which constitutes 76.52 % of the offer. In contrast, ETHEREUM supports the Stablecoin market, which leads 122.279 billion dollars, reflecting deeper liquidity and use through lending, derivatives and organized products.
The incentives of the auditor on Solana remain minimal. The annual rewards come in about 424 Sol per authentication, or approximately $ 35,000 at current prices – enough to cover costs, but they are thin compared to other ecosystems with strong returns or original fees models.
Yes, Solana is fast. It is cheap. This is where an increasing number of users are traded. But the broader Defi image is still formed – and yet, the use is not completely converted into the depth of the capital or the diversity of the protocol.