TechFlow news — On March 5, according to Blockworks Research, on-chain activity on Solana noticeably slowed in February.
Data shows Solana's Real Economic Value (REV) was $196 million, down 64% month-on-month; application revenue reached $284 million, down 56% MoM; decentralized exchange (DEX) trading volume was $156 billion, down 54% MoM; and stablecoin supply stood at $11.2 billion, down 2% MoM.
These figures indicate that after a strong January, the Solana ecosystem experienced a significant decline in activity during February.




