When Solana’s price hit new lows near $54, the total value locked (TVL) for the token also declined to a historical low. According to data from Defi Llama, the token’s TVL has been on a steady decline since November 2021.In that month, it reached an all-time high of $15 billion but then lost momentum and went down to $4.34 billion.
Jul 27, 2022 · Solana’s price witnessed a 15% decline over the past two weeks. With the marketwide correction ahead of the FOMC meeting on Wednesday, Solana’s price is likely to drop to $31.77 and support at $29.59. If Solana’s price flips resistance at $41.05 and crosses the 50-day moving average, a new uptrend to $78.02 is likely. Solana’s
May 18, 2022 · The decline in the company’s value is more apparent on a year-to-date basis. The current TVL is estimated to be around 60% lower than the $11.22 billion it was at the start of the year. Over the past seven days, the TVL of Solana has declined by almost 12%.
Forbes - The estimated second-quarter Gross Domestic Product (GDP) data released on Thursday shows the U.S. economy teetering on the edge of recession, with an overall inflation-adjusted GDP decline of 0.2%. And if we get a full-blown recession, it will be tied to the sharp declines in housing and
Solana's Proof of History. The consensus mechanism is a fundamental characteristic and differentiator among blockchains. Solana's consensus mechanism has several novel features, in particular the ...