{"id":68785,"date":"2026-01-22T02:31:53","date_gmt":"2026-01-22T02:31:53","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=68785"},"modified":"2026-01-22T02:31:53","modified_gmt":"2026-01-22T02:31:53","slug":"solana-network-sees-rising-activity-despite-token-price-drop","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=68785","title":{"rendered":"Solana Network Sees Rising Activity Despite Token Price Drop"},"content":{"rendered":"
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Solana slipped below an important price level this week, even as activity on the network picked up and a new $35 million fund for builders was announced. SOL struggled to hold the $140 area as sellers pushed prices lower during a shaky session for altcoins. The contrast between falling prices and rising usage has become more common in 2026, with networks getting busier while tokens move up and down.<\/p>\n

Why Solana\u2019s Price Is Falling While Usage Rises<\/h2>\n

This sounds strange at first, but price and usage often move on different timelines. Price reflects how traders feel in the moment. Usage shows how many people are actually using the network.<\/p>\n

Solana\u2019s usage keeps growing. Observer-Reporter<\/a> says the total value locked in Solana apps climbed from $4.6 billion in late 2024 to about $12.2 billion a year later. That figure tracks how much money is held on exchanges and lending platforms. You can think of it like foot traffic in a shopping mall. More people inside usually means real interest.<\/p>\n

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5\/ Solana DEX volumes amounted to $111B in April, a 14% MoM increase.<\/p>\n

Memecoins accounted for about 55% of the total volume, while the SOL-USD pair came in second at 30%.<\/p>\n

Zooming out, DEX volumes are up 2x YoY, up from $55M in April 2024. pic.twitter.com\/JJuPxNI663<\/a><\/p>\n

\u2014 Blockworks Research (@blockworksres) May 6, 2025<\/a><\/p>\n<\/blockquote>\n