Solana logs 9B transactions in a month as SOL slips below $100
- —SOL is down over 15% in October, market cap at $58 billion
- —Solana has processed more than 9 billion transactions this month
- —Solana TVL fell 10.28% to $5.76 billion
- —SOL/BTC is down more than 11% month-to-date
Why it matters: Network usage stays high, but liquidity draining from DeFi and stablecoins is weighing on SOL more than the broader market.
Source: AMBCrypto