- Bybit released a quarterly report about the Solana network.
- The report includes general updates on the Solana ecosystem, DeFi, and NFTs.
- Solana maintains its top 10 position in CoinGecko.
Cryptocurrency derivative exchange Bybit released a quarterly report about the Solana network. The report discussed in depth details about Solana’s user growth data and other things in the network. To be specific, it includes general updates on the health of the Solana ecosystem, Infrastructure, DeFi, and NFT Ecosystem.
Furthermore, Bybit also created a market analysis about the market standing for Solana from 2021 to 2022. As per the report, the network dropped more than -68% of its total value locked in 2022 — from $15.08 billion in 2021 to $4.8 billion in 2022. The market plunge of the Dapps in the Solana ecosystem is one factor to consider in the decl …