This stands out as a very remarkable performance when compared to competitors such as Sui, Base, Arbitrum and Ethereum. According to data from Artemix.XYZ, Solana had the highest daily net inflow on December 15 among the top 20 blockchains.

Solana’s $12 million net inflow far exceeds the combined inflows of its closest competitors, Arbitrum and Sui. Arbitrum ranks second with a net inflow of $5.9 million, while Sui ranks third with $5.3 million. Ethereum, on the other hand, has fallen to the last place on the list with a net outflow of 25.4 million dollars.

Solana’s success came a month later when he returned to his previous peak, which was reached on November 17 with a net inflow of $17.6 million. On December 15, Solana achieved this feat again, passing Arbitrum.

This development shows that Solana is making a rapid rise in the blockchain industry and is strongly supported by investors. However, Solana’s success is not only attracting the attention of traditional investors, but is also shaped by the influence of platforms such as pump.fun in the meme coin industry.

However, Solana’s recent revenue growth is not directly tied to pump.fun, a launch platform specifically for Solana-based meme coins. According to data from Dune analytics, pump.fun’s daily revenue fell from $2.67 million on December 14 to $2.51 million on December 15, a 6% decrease.

pump.fun, which reached $14.3 million in the past on November 23, has not been able to exceed $5 million since then. This suggests that Solana’s rise is not just driven by meme coins and may be linked to broader investor interest.

Solana’s key achievements as it approaches the end of 2023 include the fact that its blockchain is growing at an annual rate of 83% and has managed to surpass Ethereum. Solana’s decentralized exchange trading volume also reached $109.73 billion in November, crossing the first $100 billion threshold in crypto history.

This jump occurred when Solana’s price surpassed $200 after 7 months, an increase of 8.69%. The token then made a huge gain, reaching an all-time high of $263.21 on November 23.

Solana is currently trading at $220.76 and is up approximately 2% in the last 24 hours. The fully diluted valuation of Solana, whose market value is approximately $105 billion, exceeds $130 billion.

Solana’s solid market position and strong infrastructure make it a closely watched project in the blockchain world, and its future growth prospects are viewed positively by investors and analysts.