Solana's Q2 network fees and revenue increased by over 42 times year-on-year, while TVL grew by 10 times year-on-year

ChainCatcher message, according to the Solana Q2 financial report released by Coin98 Analytics, the Solana network fees and revenue experienced significant growth in the quarter, with a year-on-year increase of over 42 times; the total trading volume of SOL reached $292 billion, nearly 7 times higher than the same period last year.
In addition, the Solana Q2 network and ecosystem metrics are as follows:

• Over 15.3 billion transactions conducted (including voting and non-voting);
• TVL reached $3.4 billion, a year-on-year increase of 10 times;
• New minted NFTs exceeded 98 million, a year-on-year increase of 54 times;
• On-chain USDC market capitalization reached $2.15 billion (approximately 70% of the total USDC market capitalization).