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Solana’s daily user activity plunges to lowest level since January 2023

Solana's daily user activity plunges to lowest level since January 2023

Solana has seen a significant decline in network activity since January. Despite this, it recorded a surge in DeFi TVL. On a seven-day moving average, the daily count of active addresses on Layer-1 (L1) network Solana [SOL] closed August at 204,000, the lowest level since the beginning of the year,

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