Solana's market share is gradually declining, down to 44%.

SOL-4,45%

Solana’s market share in the overall crypto market decreased to 44% this week, despite recording 825.7 million transactions. The decline indicates increasing competition from other blockchains as they attract more users and transaction volume. Although Solana remains among the most active networks, its dominance has weakened compared to before.

Experts attribute this shift to developments in DeFi, NFTs, and Layer 2 solutions on other chains. However, the high number of transactions still reflects Solana’s performance advantages and scalability. Future developments will depend on ecosystem expansion and market conditions.

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