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Solana Network Performance 2022 -Breaking

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Quarterly Report by Bybit: Solana Network Performance 2020
  • Bybit has released its quarterly report on the network.
  • This report contains general updates about the Solana ecosystem and DeFi.
  • Solana remains in the top 10 on CoinGecko.

Bybit, the cryptocurrency derivative exchange published a quarterly report regarding Solana. The report discussed in depth details about Solana’s user growth data and other things in the network. It includes updates about the Solana ecosystem’s health, infrastructure, deFi and NFT ecosystem.

Bybit created an analysis of the Solana market from 2021-2022. 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. One factor that should be considered in the Decl is the market crash of Dapps within the Solana ecosystem.

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