Solana's daily token creation has decreased to 27,354, marking the lowest level since March, as speculative minting declines and projects pause. Despite this slowdown, Solana's Total Value Locked (TVL) has surged to approximately $150 billion, indicating robust DeFi adoption on the network.
Derivatives data reveals net selling pressure, with decentralized exchange (DEX) outflows hitting around $666.7 million in the past 24 hours. However, the network's long-term bullish outlook is bolstered by the rising TVL and increasing network-level adoption.
Solana Token Creation Slows as TVL Reaches $150 Billion
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