Solana faces a sharp decline of scope of DEX and salt prices in the middle of insecurity in the market
- Solan, Dex Volume fell for a five-week low from 2.61b US dollars, reduced 28% and salt of 14% in mid-February, reflecting the wider wider market.
- Memecoin volatility, she examined the crash of libraries, aggravated the feeling, with repeated pumps and landfills that encouraged the wave of interest in speculative tokens.
- Further pressure on the grounds with 11.2m Sol unlocked 1. March, derived from the Bankruptcy FTX auction and encouraging the investor, while the tokens are not completely released.
The activity of decentralized variety of Solana (DEK) continued its permanent decline, immersion to 2.61B US $ (and in $ 4,09b), 16. February – its lowest point since the middle of December.
The weekly figures that compiled from the defilay reveal a total of 20.2B USD (and in $ 31.9B) in the scope of trading until that date, marking five weekly decline. This reduces alignment with wider market equipment and a note of the decline activity of the transaction on the chain, which fell 28% to 31.8B USD (AI $ 50B) until 10. February.
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Similarly, Solana’s Salt Sit down 14% of its value between 14. and 18. February, falling at about $ 169 (AI $ 266).
Meanwhile, DeX on Solana, Raidium and ORCI saw sharp contractions – Binding 45% and almost 30%, while the meteora showed a contrasting 18% of the $ 658 million in Volume opposite Raidium. M (au $ 1,30b) and orca is $ 544 million. (AI $ 850M).
While the weather coincided with the abused launch of the Memecoin Library of Memecoin who attracted attention due to participation President of Argentina Javier Miley And eventually, 83% – observers on the market suggested to attribute market loss $ 18B (AI $ 28.3B), a loss of a network capacity solely on memory speculations viewing other factors that contribute.
Expected salt unlock and caution to market
Observers attribute part of the wider fall into the decline in the interest of the memes. What began as a threatening excitement around the novel, it seems that low-caps seemed to be cooled as trading faced with the repeated pump and landfill, mats and concerns about insider.
For example, cryptocuant analyst Akel Adler Junior prominent As the instability of memory further grew Solana ecosystem. The recent incident of the scale has just added more weight to negative feeling, contributing to the wider price of prices in salt, now of 40% of its January.
Combining these market pressures is a planned edition of 11.2 million Sol 1. March. The tokens in question were sold during the FTX bankruptcy and later acquired by companies such as galaxy, panther and digits, which is underway not to unlock unlocked.
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2025-02-19 06:52:00
