Solana cools down in the first quarter, network fees drop significantly

ME News Report, April 26 (UTC+8), Solana experienced a significant cooling in the first quarter of 2026 after a rapid growth driven by speculation. Network fees dropped to $89.9 million, a 68% decrease year-over-year, and on-chain yields declined in tandem with DeFi activity. The ecosystem is shifting from a speculative-driven phase to a more sustainable revenue model. (Source: MLion)

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