🔥 Solana $SOL v for the first time surpassed Base in both trading activity and volume x402, leading application revenue on-chain.
According to Artemis, Solana led application revenue in August with $143 million—accounting for 38% of total on-chain income—outpacing Ethereum $ETH , Base, and Hyperliquid $HYPE . Validators also approved a reduction of 18.9 million SOL from newly issued tokens over the next 6 years. SOL is currently accumulating around $104.
Why is this notable?
Activity x402—the protocol for payments for apps and AI agents using stablecoins—is accelerating, indicating Solana is attracting real demand, not just due to supply adjustments.
In simple terms:
Solana just scored points on multiple fronts, from AI payments to application revenue.
#Altcoins #CryptoNews
🔗 Source: AMBCrypto
⚠️ Information is for reference only and not investment advice. Please do your own research before deciding (DYOR).
According to Artemis, Solana led application revenue in August with $143 million—accounting for 38% of total on-chain income—outpacing Ethereum $ETH , Base, and Hyperliquid $HYPE . Validators also approved a reduction of 18.9 million SOL from newly issued tokens over the next 6 years. SOL is currently accumulating around $104.
Why is this notable?
Activity x402—the protocol for payments for apps and AI agents using stablecoins—is accelerating, indicating Solana is attracting real demand, not just due to supply adjustments.
In simple terms:
Solana just scored points on multiple fronts, from AI payments to application revenue.
#Altcoins #CryptoNews
🔗 Source: AMBCrypto
⚠️ Information is for reference only and not investment advice. Please do your own research before deciding (DYOR).