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Solana cools off in Q1 as network fees drop sharply

2026-07-19 15:35:18

ME News, April 26 (UTC+8): After Solana experienced a rapid, speculation-driven surge, it saw a significant cooldown in Q1 2026. Network fees fell to $89.9 million, down 68% year over year, while on-chain yield rates and DeFi activity declined in tandem. The ecosystem is shifting from a speculation-led phase toward a more sustainable revenue structure. (Source: MLion)

SOL0.96%

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