The number of addresses on the Solana DEX with daily trading volume greater than $1,000 is around 50,000 to 70,000. This group of players should constitute the core community on Solana, and since the end of April, it has maintained relative stability within this range, with no significant influx or outflow.
From this perspective, Solana should have already passed the stage of the most severe liquidity depletion after TRUMP. In the three months following the TRUMP coin issuance, the number of trading addresses with a daily trading volume greater than $1,000 plummeted to only 20,000 to 30,000, and now it has improved quite a bit.
Moreover, the current situation is more optimistic than before Q4 last year. It is believed that after experiencing the AI Agents, celebrity coin craze, and various stories of getting rich, there are still a considerable number of players who are sticking to dog fighting, even though the overall market conditions are not good.
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The number of addresses on the Solana DEX with daily trading volume greater than $1,000 is around 50,000 to 70,000. This group of players should constitute the core community on Solana, and since the end of April, it has maintained relative stability within this range, with no significant influx or outflow.
From this perspective, Solana should have already passed the stage of the most severe liquidity depletion after TRUMP. In the three months following the TRUMP coin issuance, the number of trading addresses with a daily trading volume greater than $1,000 plummeted to only 20,000 to 30,000, and now it has improved quite a bit.
Moreover, the current situation is more optimistic than before Q4 last year. It is believed that after experiencing the AI Agents, celebrity coin craze, and various stories of getting rich, there are still a considerable number of players who are sticking to dog fighting, even though the overall market conditions are not good.