DeFi· ★★★· bullish·

Solana Foundation urges projects on 'dying blockchains' to migrate to Solana

  • —Creech says only Solana clears the bar for critical financial infrastructure
  • —Akash estimates post-migration transaction costs at about 0.075 SOL per day
  • —ZETA holders approved moving the token and Anuma to Solana with 99.4% of votes
  • —Solana holds about $5.8B in DeFi TVL and $15.7B in stablecoins, with over 100M daily transactions
Why it matters: The consolidation trend could accelerate the drain of apps and liquidity from smaller L1s toward Solana.
Source: Happycoin.club