Solana TVL rises to 40.9 million SOL, a two-year high, up 26% in the past two months

Odaily News Over the past week, BNB Chain on-chain activity decreased by 37%, and DApp transaction volume decreased by 25%. Poorly performing platforms include PancakeSwap (down 25%) and Uniswap (down 22%). In contrast, Ethereum DApp transaction volume fell by 9% during the same period, while Solana's on-chain activity decreased by 15%, according to data from DefiLlama. Currently, BNB Chain TVL is 8.1 million BNB, which has not changed much from two months ago. However, as of the week of October 7, its network fees fell to the lowest level in more than four years, with accumulated fees of 1,880 BNB during the period, a decrease of 56% compared to the previous week. Meanwhile, Ethereum TVL was 19.2 million ETH, the same as two months ago; Solana TVL rose to 40.9 million SOL, the highest level in two years, and an increase of 26% in the past two months. (Cointelegraph)