Solana Hits Activity Peak: Are Big Players Dumping In Secret?

Despite July gifting Solana’s (SOL) community two new milestones, some large investors are holding back. Recently, two massive whales have been flagged by the blockchain sleuths due to massive SOL withdrawals from staking platforms, even though Solana’s Layer-1 is thriving with activity like never before. https://twitter.com/SolanaFloor/status/1952655356221329607 Last month, the arguably quickest Layer-1 chain’s speed accelerated to 1,318 transactions per second (TPS), claiming a new all-time record. Meanwhile, Solana’s decentralized finance (DeFi) ecosystem has been thriving with $28.8B locked in TVL, but that didn’t stop crypto whales from dumping. Solana Whales Retreat: Top Called? In one such case spotted by

Continue reading on DailyCoin.