- Analyst Adam Cochran shared on Twitter today that he disagrees with those who believe Solana has more users than any other blockchain.
- DefiLlama ranked Solana in the 9th position in terms of 24-hour users.
- SOL’s price dropped by more than 3% over the past day, which left it trading at $22.71.
Solana (SOL) was a topic of conversation on Twitter earlier today after Adam Cochran, a professor and cryptocurrency investor, sarcastically shared his thoughts about a post by a financial manager who goes by “macbrennan”. In his post, macbrennan referred to Solana as having “more users than any other blockchain”.
Near had more users.Near.
When the fuck was the last time you heard anything about Near?!?
— Adam Cochran (adamscochran.eth) (@adamscochran) August 3, 2023
Cochran did not share the same sentiments about the Ethereum-killer, and pointed to data from DefiLlama that indicated that Solana was ranked 10th by TVL and only 9th by 24-hour users over the past day. Notably, Solana only had 99,953 24-hour users while other chains like Tron had more than a million.
SOL’s 24-hour performance also did not stand out from other cryptocurrencies as it saw its…
The post Solana Ranked 9th In Terms Of 24H Users, Faces 3+% Price Drop appeared first on Coin Edition.
The post Solana Ranked 9th In Terms Of 24H Users, Faces 3+% Price Drop appeared first on Coin Edition.