Data: The revenue of applications on the Solana chain in February was $284 million, a 56% decrease from the previous month

According to Blockworks Research, activity on the Solana chain significantly slowed down in February. The data shows that Solana's Real Economic Value was $196 million, a month-on-month decrease of 64%; application revenue was $284 million, a month-on-month decrease of 56%; the trading volume of decentralized exchanges (DEX) was $156 billion, a month-on-month decrease of 54%; and the supply of stablecoins was $11.2 billion, a month-on-month decrease of 2%. These figures indicate that after an active January, the Solana ecosystem experienced a significant reduction in activity in February.