Data: Solana on-chain application revenue in February was $284 million, a 56% decrease from the previous month


Blockworks Research revealed that Solana's on-chain activities significantly slowed down in February. Data shows that Solana's Real Economic Value is $196 million, a decrease of 64% compared to the previous period; application revenue is $284 million, a decrease of 56% compared to the previous period; decentralized exchange (DEX) trading volume is $156 billion, a decrease of 54% compared to the previous period; stablecoin supply is $11.2 billion, a decrease of 2% compared to the previous period.