SOLANA MONEY ATTRACTION ?

The @solana ecosystem is now experiencing a major decline in comparison with other large ecosystem. So, does Solana ecosystem still attract the money flow?
Check this thread below.

#Solanaszn #money #attraction Image
@solana 1. Price & TVL correlation
Each time the $SOL price witnessed a major decline, the same happened with the TVL of the ecosystem. However, until now, the $SOL price is now creating the lower low since Dec 4th crash, but the TVL of the ecosystem...

#Solanaszn #money #attraction Image
@solana 2. Price & TVL correlation
... still stabilize above $10B. Another way of understanding, I believe the money flow is more appeared in the Solana ecosystem more than the native token itself. Now let's find out where exactly the money stay?

#Solanaszn #money #attraction
@solana 3. Lending and borrowing activities

As can be seen from the infographic about the lending and borrowing status of Solana, all lending and borrowing projects show minor fluctuation in both supply and borrowing value. As in the hazardous condition...

#Solanaszn #money #attraction Image
@solana 4. Lending and borrowing activities
... of the market like this, I believe this minor movement showed positivity of the ecosystem. We do not know for sure that this movement is the result of the the balance between depositing and withdrawing...

#Solanaszn #money #attraction
@solana 5. Lending and borrowing activities
... or the slow down of the lending and borrowing activities on Solana. However, it is showed that the lending activities of the Solana ecosystem is not taking much impact from the decline of the market.

#Solanaszn #money #attraction
@solana 6. Active users of Solana projects
As can be seen, most users of the ecosystem are now concentrating on the DEX and lending sector. Besides that, a farming project also being utilized in this period of time.

#Solanaszn #money #attraction Image
@solana 7. Solana TVL ranking
In the TVL ranking of Solana, we can be easily seen that all projects witnessed major decline in TVL except 2 projects: Saber and Sunny, which mostly concentrated on stable assets/ pools

#Solanaszn #money #attraction Image
@solana 8. Solana TVL ranking
This phenomenon showed that the money flow in Solana ecosystem is now shifting from assets to the stable assets for safety in this condition of market.

#Solanaszn #money #attraction
@solana 9. TVL between ecosystem
The Solana ecosystem is now experiencing one of the most competitive competition in the crypto market. The rivals of Solana includes BSC, Avalanche, Terra, Fantom,.. All the ecosystem are so young and having ambition to overthrow Ethereum

#Solanaszn Image
@solana 10. I believe that the decline of TVL in Solana ecosystem is just a temporary reaction of the market. The Solana ecosystem has been one of the first ecosystem growing after the crash in May, and now the slowdown of TVL is a correction of the money flow

#Solanaszn #money
@solana 11. The money might shift to other ecosystems, or change from risk-on asset to stable assets for safety. But above all, I believe the Solana ecosystem has all the factors to have a sustainable growth in the future, and to be the fasted ecosystem to overthrow Ethereum.

#Solanaszn

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More from @solana_daily

Dec 3, 2021
WHAT IS WEB3 AND WHY WEB3 MATTERS?

1.The world has experienced the evolution of web from web 1.0 to web 3.0 now since the dawn of internet.
So what is actually web3.0 and why does it matter?

#Solanaszn #web3
2. Let's start with the evolution of web.
The web 1.0 start from the first of Internet in 1994 to 2004.
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3. Let's start with the evolution of web.
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The characteristics of web 1.0 are Centralized, Less-Interactivity and Desktop-based.

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Dec 3, 2021
THE NEXT LARGEST LENDING AND BORROWING PROJECTS ON #SOLANA

1. The largest lending and borrowing project on Solana now is @solendprotocol . However, as history taught us, nothing lasts forever (expect BTC). Shall @ApricotFinance be able to overthrow solend?

#Solanaszn #compare
@solendprotocol @ApricotFinance 2. In the overall section, the statistics of both projects showed the same/ relatively small differences between two projects, except for the TVL.
The TVL of solend outperforms the TVL of apricot up to 255%. What a differences.

#Solanaszn #compare
@solendprotocol @ApricotFinance 3. On the L&B characteristics, the total supply and total borrow of @ApricotFinance cannot compare with the Solend. This phenomenon may happen due to the time of incentive programs between two projects.

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Dec 1, 2021
UNIQUE CHARACTERISTIC OF DEX IN #SOLANA

1. The Dex sector of @solana is one of the strongest sectors in the market. Let’s take a look at the unique characteristics and the impact along with it.
@RaydiumProtocol @ProjectSerum @AtrixProtocol @Saber_HQ @orca_so

#Solanaszn #unique Image
@solana @RaydiumProtocol @ProjectSerum @AtrixProtocol @Saber_HQ @orca_so 2. Starting with @RaydiumProtocol - the largest DEX on Solana. Besides their ecosystem with staking, launchpad, and NFT, they also have many unique characteristics to stand out. Raydium is the project connected with @wormholecryptoto bring along the asset from Ethereum to Solana.
@solana @RaydiumProtocol @ProjectSerum @AtrixProtocol @Saber_HQ @orca_so 3. The number of transferred assets is enormous, such as: UNI, SHIB, AXS, DYDX, ..
Moreover, they integrated Serum with SRM as rewards for the fusion pool. With those characteristics, Raydium ranked 1st in the top TVL of Solana and in the top DEX of the market in trading volume.
Read 11 tweets
Nov 19, 2021
DEX COMPARISON BETWEEN #SOLANA AND #FANTOM

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

#Solanaszn #DEX #comparison
DEX COMPARISON BETWEEN #SOLANA AND #FANTOM

We choose the largest DEX of the two ecosystems for comparison.
@RaydiumProtocol from Solana
@SpookySwap fromFantom

#Solanaszn #DEX #comparison
@RaydiumProtocol @SpookySwap DEX COMPARISON BETWEEN #SOLANA AND #FANTOM

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.

#Solanaszn #DEX #comparison
Read 5 tweets
Nov 19, 2021
💫What happened at @solana Breakpoint 2021?

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Details: bit.ly/2Z0XG4k
$SOL #solszn What happened at Solana Breakpoint 2021
Read 4 tweets
Nov 18, 2021
NEXT DESTINATION OF MONEY FLOW IN #SOLANA?

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.

#Solanaszn #money #next Image
NEXT DESTINATION OF MONEY FLOW IN #SOLANA?

2. In theory, the money flow would be described: $ -> Layer 1 -> DEX -> L&B -> Yield Farming/ Staking -> Infrastructure -> Oracle -> Other trend -> $

#Solanaszn #money #next
NEXT DESTINATION OF MONEY FLOW IN #SOLANA?

3. However, the practical is not the same as the theory.
After filling out our layer 1 - $SOL, the money flow continued to find a new destination.

#Solanaszn #money #next Image
Read 14 tweets

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