5h ago
Grayscale reports that #Solana has become a core "storage network" for blockchain applications like Raydium and Pump fun. The Solana ecosystem generates about $425 million in fees monthly (over $5 billion annually) with an average transaction cost of just $0.02. Currently, Solana has over 1,000 full-time developers, second only to Ethereum. Grayscale notes an annual supply growth rate of SOL at 4%–4.5% and staking returns of about 7%, implying a real return of 2.5%–3%. If the network continues to grow, the price of SOL may increase over time. (Source: wublock)
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