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Solana's Daily Transaction Volume Surpasses TronDao and Ethereum, Despite SEC Classification and Price Struggles

June 20 (Cointime) - Solana has achieved a major milestone by surpassing its peers in daily transaction volume, recording over $24 million in daily transactions. Despite previous struggles with downtime and being classified as a security by the SEC, the network has seen a surge in NFT activity, with over 30,000 SOL traded in a 24-hour period and a 50% increase in NFT trade volume.

The network's 100% uptime in the past 90 days could increase trust among users and facilitate increased interactions within the network. However, the SOL token has not experienced significant upward movement in price despite the increased activity.

Solana Solana $238.30
-5.26%
Solana
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