TVL held on Solana has declined by over 60%. User activity across the network also fell. SOL offered no respite to users as it has since fallen by 62%. Severely impacted by the sudden collapse of cryptocurrency exchange FTX, total value locked (TVL) held across decentralized finance (DeFi) protocols housed within the Solana [SOL] network […] Evaluating the state of Solana [SOL] ecosystem post FTX demise
TVL held on Solana has declined by over 60%. User activity across the network also fell. SOL offered no respite to users as it has since fallen by 62%. Severely impacted by the sudden collapse of cryptocurrency exchange FTX, total value locked (TVL) held across decentralized finance (DeFi) protocols housed within the Solana [SOL] network […] 
3 years ago
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