Solana took the top spot in daily net inflows, surpassing blockchains like Sui and Arbitrum. On December 15, Solana recorded an inflow of $12 million.
Solana's Daily Net Inflows
According to data from Artemis.XYZ, Solana recorded the highest daily net inflows among the top 20 major blockchains on December 15, with $12 million, larger than the combined inflow of Arbitrum and Sui, which ranked second and third respectively.
Reasons Behind Solana's Surge
Solana's recent revenue surge is often linked to the meme coin sector, particularly on the pump.fun platform. However, Dune analytics data shows that on December 15, pump.fun's revenue decreased by 6% from $2.67 million to $2.51 million compared to the previous day.
Solana's Year-End Financial Achievements
Solana finishes the year with significant achievements: in November, its decentralized exchange trading volume surpassed $109.73 billion, exceeding the $100 billion mark for the first time. At the time of writing, Solana is trading at $220.76, remaining one of the largest blockchains with a market cap of about $105 billion.
Solana continues to maintain its leading position among blockchains in daily net inflows, showcasing consistent growth and numerous achievements throughout 2023.