A BREAKDOWN OF SOLANA ONCHAIN METRICS

Summary from the TLDR Crypto newsletter

Despite claims that Solana's growth has peaked, data shows increased usage, particularly marked by a surge in priority fee usage (some of which comes from bots), stablecoin transactions that outpace other blockchains, and an average monthly DEX volume that is 18 times higher than previous years. Similarly, Solana's Total Value Locked (TVL) has risen from $210 million to $4 billion.