🚀 Week in Solana: DEX-truction and $CARnage
App revenue outpaces ETH!
JAILSTOOL soars 119,000%!
CAR meme coin crashes 97%!
Let's dive into Solana's eventful week. 🧵👇
1/6
📈 Market Overview:
SOL dips 0.44% to $205.26. Market cap steady at $100.15B. TVL drops to $9.3B. Daily active addresses surge 12% to 5.8M. DEX volume plummets 27% to $32.3B. App revenue hits $12.75M, crushing ETH's $731.4K.
2/6

🌐 Cross-Chain Dynamics:
While SOL, ETH, BTC & XRP dip <1%, BNB, ADA & TRX post double-digit gains. SOL's TVL dominance slips to 8.58%. BSC & Tron gain 3-6% TVL share.
3/6
📊 Ecosystem Performance:
AI16Z leads gainers (+51%), LUNC (+22%), HNT (+20%). JTO (-8%), JUP (-5%) among top losers. Stable asset adoption soars after Trump admin signals. DePIN sector shows strength with HNT leading.
4/6

🎯 NFT & Meme Watch:
SOL NFT dominance drops to 36.4% from 50%. JAILSTOOL explodes 119,000% post-Portnoy endorsement. BAN up 53%, MUSK down 52%. CAR meme coin peaks at $900M, crashes to $30M.
5/6

💡 Key Takeaways:
Watch SOL's growing app revenue vs ETH. Monitor potential ETF catalyst. Stay alert for ecosystem rotation opportunities. Verify all social media promotions. Consider DeFi volume recovery timeline.
Stay informed, stay ahead:
6/6
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