Solana generates $ 1.2 billion in sales in the first quarter of 2025-meme coins and wallet demand on the upper, while defi bassets decrease sharply

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Solanas App-Umsatz erreicht 1,2 Milliarden Dollar im ersten Quartal 2025 Im ersten Quartal des Jahres 2025 verzeichnete die Solana-Blockchain einen beeindruckenden App-Umsatz von 1,2 Milliarden Dollar. Dieser Anstieg ist in erster Linie auf die wachsende Nachfrage nach Meme Coins sowie Wallet-Anwendungen zurückzuführen. Trotz dieser positiven Entwicklung zeigte der Bereich der dezentralen Finanzen (DeFi) auf Solana …
Solana's app turnover reached $ 1.2 billion in the first quarter of 2025 in the first quarter of 2025, the Solana blockchain recorded an impressive app turnover of $ 1.2 billion. This increase is primarily due to the growing demand for meme coins and wallet applications. Despite this positive development, the area of ​​decentralized finances (Defi) on Solana ... (Symbolbild/KNAT)

Solana's app turnover reaches $ 1.2 billion in the first quarter of 2025

In the first quarter of 2025, the Solana blockchain recorded an impressive app turnover of $ 1.2 billion. This increase is primarily due to the growing demand for meme coins and wallet applications. Despite this positive development, the area of ​​decentralized finances (Defi) on Solana showed a worrying tendency: the total value that is held in defi protocols (TVL) fell 64 %.

This decline in the defi sector could be due to various factors, including market volatility and changes in the user base. While Meme Coins and Wallet applications generate significant sales, the Defi sector, which seemed promising in the past, is under pressure.

It remains to be seen how the dynamics will develop on the Solana platform, especially with regard to the balance between the growing areas such as Meme Coins and Wallet demand as well as the challenges with which defect projects are confronted.

For investors and users of the Solana blockchain, it is important to observe these developments closely in order to be able to make sound decisions in a rapidly changing market environment.