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Solana Price Surges Amid $1.1 Billion Exchange Inflow in May
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Solana Leads in Capital Inflows Despite Declining Activity as Chain Competition Intensifies
May has been a month of mixed blessings for Solana. While the network saw a major inflow from centralized exchanges, to the tune of $1.1 billion—that’s the most since 2024; its on-chain transaction activity keep declining. Now, two key things here: 1. The inflow is a sign that investor interest is on the uptick, at least. 2. The fact that transaction activity on the chain is going down in spite of this inflow signals a divergence between investo…
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