Solana's current market metrics, including a dramatic drop in index volume from $30 billion to $1 billion and reduced daily active addresses, suggest the network is approaching its market bottom, as coins typically bottom between 70-80% of their all-time high values.
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Solana's Current State: Activity & Revenue Check!Added:
All coins normally bottom between 70 uh between 80% so you could argue there's a little bit more to go but by all metrics I understand Solana is pretty much heading towards that bottoming kind of uh in terms of their overall metrics. So 30 billion was the height index volume now it's just 1 billion. Well, that tells me there's not a lot of activity going on right now. Even though Solana is one of the best in terms of generating these fees, it is significantly down from its all-time high TVL except
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