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Solana takes the top spot in daily net inflows with $12M, beating all other hurdles


Solana's daily net inflows have surpassed all other major blockchains, including Sui, Base, Arbitrum and Ethereum. As of December 15, the Solana network collected net inflows of $12 million.

According to data from Artemix.XYZSolana (SOL).ARB) and Sui (SUI), together.

Solana regained the top spot a month later blockchain it last held it on November 17 with $17.6 million. On December 15, Solana dethroned Arbitrum, yesterday's reigning champion, which held second place with a daily net inflow of $5.9 million.

Solana takes the top spot in daily net inflows with $12M, beating all other hurdles - 1
Data from Artemis.XYZ showed that Solana took the top spot for daily net inflows on December 16, 2024 | Source: Artemis.XYZ

In third place, Sui collected a daily net inflow of $5.3 million, followed by OP Mainnet with $2.2 million and Base with $2.1 million. At the very bottom of the list is the Ethereum (ETH) blockchain with a net outflow of $25.4 million.

Solana's recent increase in revenue is often linked to a similar increase in the meme coin segment, especially from pump.fun, a Solana-based meme coin launch site. But that is not the case this time.

according to data from Dune's analysis, pump.fun saw its daily revenue drop slightly by 6% from $2.67 million on December 14th to $2.51 million on December 15th. Pump.fun's revenue peaked on November 23rd with $14.3 million, but has failed to surpass $5 million since then.

Solana's year-end sprint

In the past few months, Solana has achieved several milestones as the year draws to a close. As previously reported by crypto.news on December 13, Solana was considered the fastest growing blockchain, with annual growth of up to 83%. Solana even surpassed the world's largest blockchain, Ethereum.

In November, the Solana monthly decentralized exchange trading volume arrived $109.73 billion, crossing the $100 billion threshold for the first time in crypto history. The jump in Solana's trading volume came a few days after Solana's price dropped over there $200 for the first time in seven months of trading after an increase of 8.69%. The token then reached a record high of $263.21 on November 23.

At the time of writing, Solana is currently trading hands at $220.76, having risen nearly 2% in the last 24 trading hours, according to data on crypto.news. Solana has a market cap of about $105 billion and a fully diluted valuation of over $130 billion.



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