Summary
TLDR: Solana’s unique user count remains above 800,000, signaling strong community engagement. Total Value Locked in the ecosystem surpasses $4 billion, indicating investor confidence. Daily DEX trades are high, with record volumes. EMA lines suggest a consolidation phase for SOL price, potentially leading to a new all-time high if bullish momentum resumes.
Key Points
1. Solana has maintained a unique user count consistently above 800,000 since peaking on March 17, indicating strong community engagement and active participation in daily DEX trades.
2. The Solana ecosystem surpassed $4 billion in Total Value Locked (TVL) for the first time since April 2022, reflecting investor confidence and increasing interest in DeFi offerings on Solana.
3. Solana’s Daily Unique Transaction Signers have shown significant growth, reaching 2 million by March 17 before dropping and then rising again to 1.1 million by March 27, indicating ongoing user engagement and activity on the network.