Helium Mobile

Solana

Memecoin

Helium

<ul class="wp-block-list cnl-post-highlights-list">
 <li>DePIN adoption grows as Helium and Hivemapper see increased user activity and demand.</li>  
 <li>Memecoin cool-off weakens Solana’s DEX volumes, dropping network activity by 45% since January.</li>  
 <li>SOL holds support at $130, with DePIN offering potential recovery amid market shifts.</li> 
</ul>  
<p><a href="https://cryptonewsland.com/stablecoin-adoption-surges-on-solana-network-with-3-13b-inflows/" rel="noopener noreferrer nofollow">Solana Network</a> experienced rapid growth before memecoin activity cooled off. During the peak in January, decentralized exchange (DEX) volumes surged to $3 billion. Excitement around the TRUMP memecoin helped push SOL to a record $295. However, the hype faded, and DEX volumes dropped by 60%, pulling SOL down to $120. Meanwhile, another sector within the Solana ecosystem gained strength.</p>  
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper">
  https://twitter.com/CryptoAmb/status/1903719617966866821?t=aYzeYQcqlmle2Yrql7n7Mg&amp;s=19
 </div>
</figure>  
<h2 class="wp-block-heading" id="depin-brings-new-growth-to-solana">DePIN Brings New Growth to Solana</h2>  
<p>Decentralized physical infrastructure networks (DePIN) saw a strong recovery in February. Projects like Helium Mobile and Hivemapper attracted more users, bringing fresh momentum to Solana. Could this shift help SOL recover lost ground? <a href="https://hellohelium.com/" rel="noopener noreferrer nofollow">Helium Mobile</a> expanded rapidly, reaching 145,000 users—a ninefold increase.</p>  
<p>Hivemapper, a decentralized mapping project, tripled demand after launching new devices. Syndica reported that Helium, Hivemapper, and Render maintained steady monthly revenue of $350,000. These numbers suggested growing stability in the DePIN sector.</p>  
<h2 class="wp-block-heading" id="can-depin-push-sol-higher">Can DePIN Push SOL Higher?</h2>  
<p>Despite this growth, memecoins continued to dominate <a href="https://cryptonewsland.com/the-next-big-thing-in-crypto-solanas-fastest-growing-ecosystem-tokens/" rel="noopener noreferrer nofollow">Solana’s network activity</a>. Active Solana addresses peaked at 5.7 million in January but later declined. A slight rebound in February saw numbers rise from 4.1 million to 4.4 million, coinciding with DePIN’s resurgence. However, by mid-March, activity settled at 3.11 million—a 45% drop from January’s high.</p>  
<p><a href="https://www.hollaex.com/blog/depin-for-mass-adoption" rel="noopener noreferrer nofollow">DePIN adoption</a> could provide long-term benefits for Solana. The network’s shift toward decentralized infrastructure might create more stability. If projects like Helium Mobile and Hivemapper continue growing, Solana could see renewed investor interest.</p>  
<p>SOL remained above key support at $130. A sustained DePIN expansion might counter the impact of declining memecoin activity. If momentum builds, Solana could regain strength and attract fresh demand.</p>

Solana’s DePIN Boom: A Lifeline for SOL Amidst Memecoin Weakness?

Índice

Crypto News Land

Outros artigos publicados em 24 de mar. de 2025

Pi Network's PI Token: Analysis and Review

Crypto Airdrops Are Broken: Binance Report Highlights Key Issues

The UK Considers Taxing Cryptocurrency to Boost Stock Market Interest

Telegram Wallet Adds Litecoin Support for Non-U.S. Users

Binance's 12th Hodler Airdrop Project: What Is BubbleMaps (BMT)?

Peter Schiff Requests Bitcoin for Birthday Donations

Receba nossa newsletter para saber diariamente as novidades das criptomoedas!