1. Each sector of Solana has been filled up with money lately. And you guys want to have an overview of the next destination of money in Solana. Let’s check this thread.
4. At this time, the DEX, Yield Farming, Launchpad and the short trend of memes tokens is the sector to take this flow.
Some projects took advantages of this phase and the reason behind they are: ...
6. Then the money continued to find the other sector. The 2nd phase, the money found in the DEX and Staking sector. This time, it mostly concentrated on the asset pool.
Please check the old tweet of ours.
8. There was a short trend of Meme tokens between the two phases. Thanks to the growth of SHIB and the intrinsic value of the meme in Solana, all achieved incredible growth in the short period of time @samoyedcoin@WoofSolana
9. Then it came to the 3rd phase - the utilization of money. Staking - @MarinadeFinance continued to attract the money thanks to the various use case mSOL.
10. Other L&B projects with incentive programs bring a win-win situation for users - the borrower got less interest and the supplier got more rewards. These projects are @solendprotocol@ApricotFinance
11. Above all, the money flow still respects the theory with little differences. If so, the next destination of money flow would be the other projects in the Lending and Borrowing sector, Yield Farming or Staking sector
13. Or even, the money could skip to the next sector - The Infrastructure. Without the infrastructure, the ecosystem would no longer develop comprehensively.
This week, we have checked out the comparison between Solana and one of the most-growing ecosystems - Fantom. Today, let’s dive more in the DEX sector of the ecosystem
As can be seen from the table, all metrics that we put in comparison all showed dominance of Raydium to SpookySwap. Which partly showed the scale of DEX in Solana ecosystem to the DEX in Fantom ecosystem.
The NFT landscape is one of the most growing sectors of Solana in comparison to the crypto market. Let’s be with @solana_daily to see the potential growth of it.
With nearly $1B market cap, and $34M trading volume per day, this sector contains a huge potential in the future. However, until now, collectibles on Solana only have several use case
The collectibles are now mostly for personal owning or even being traded in the marketplace. Some projects expand on its use case. Such as Orca: The users are able to stake Orca collectibles for rewards.
Currently, there are numerous bridges, which are constructed to connect Solana to other blockchains. But do we truly understand what bridges are?
Let's take a look with @solana_daily to understand the mechanism of bridges
Each blockchains can be considered as an independent nation, and cross-chain bridges serve as a tool for more convenience in trading goods between these nations.
The more the crypto market evolves, the more prosperous the market becomes. With the help of bridges, blockchains can connect together to serve the mutual benefit of the market.
This phenomenon is contributed by the comeback of @SunnyAggregator. Sunny alone took up $2.36B TVL of the Sector, raising the TVL of Yield to the total of $3B.
Lately, @Saber_HQ and @Allbridge_io have together connected @solana to many other blockchains for the flow of the stable coin. Until now, numerous stable coin appeared on Solana, mostly through the pool on Saber