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Solana TVL and price drop 50%+ from ATH, but gaming DApps could turn the tables -Breaking

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The cryptocurrency market has had a poor start in 2022. To date, $1.77 trillion has been the total market capitalization. ‘s (SOL() Correction has been more severe, with a 48.5% annual correction.

Solana (blue) vs. Ether (orange), AVAX(purple), BNB [yellow]. TradingView

Solana With $35 billion, the leader in stakes with 35 millionin value locked which equals 74% the total number of SOL tokens that are in circulation. There are many reasons for this underperformance. Four network outagesIt is expected to be in the latter half of 2021, and possibly early 2022.

Solana network Total Value Locked, USD. Source: DefiLlama
Solana dApps 30 day on-chain data. Source: DappRadar