Solana ecosystem protocol fees hit a historic high, is the top signal still a fundamental shift in the market?

Driven by the Memecoin craze, Solana not only has prices close to all-time highs, but its ecological protocol has also achieved record fee income, highlighting its current strong competitiveness in the public chain space. (Vitalik: Solana's demand for Decentralization is much lower than ETH, and Ethereum is the only one comparable to BTC) (Background supplement: A comprehensive interpretation of the current situation of DEX Raydium, the largest in the Solana ecosystem) Recently, Memecoin's crazy speculation has triggered a vast upsurge in the market, and many protocols in the Solana ecosystem that have seized this wave have also benefited. Set an all-time high for fee income. According to on-chain data platform Decentralized FinanceLlama, more than half of the top 15 protocols by fee generation in the past 24 hours came from the Solana ecosystem. Decentralization financial commentator Patrick Scott said: "This is either a huge top signal or a fundamental shift in market activity. Solana ecological project fee income at a glance Here are the Solana ecological protocols and their 24-hour fees data that have performed well recently: Raydium Category: Dexes (Decentralizationexchange) Fees: $11.79 million Introduction: Raydium as an efficient Liquidity provider on Solana, with Serum ExchangeDepth integrates to provide users with fast transactions, low-cost Liquidity mining and yield farm services. Solana Classification: Chain (L1 Public Chain) Commission: $8.06 million Introduction: Solana is a high-performance public chain, known for its low transaction cost and high throughput, and its Consensus Mechanism based on Proof-of-History (PoH) has become a popular choice for high-frequency trading and decentralization applications. Jito Classification: Liquid Staking Commission: $7.89 million Jito is Solana's mobile stake protocol focused on improving SOL stake efficiency while ensuring a balance between capital utilization and network security. Photon Category: Telegram Bot Commission: $2.36 million Photon is a transaction management tool for Telegram users that supports a variety of features of Solana on-chain and is popular with the Decentralized Finance community. BONKbot Category: Telegram Bot Commission: $1.71 million Introduction: BONKbot is a trading tool on Telegram, related to Solana's BONK community and token, focusing on easy execution of Decentralized Finance operations. Pump Category: Launchpad (Meme Coin issuance Platform) Commission: $1.65 million Introduction: Pump, as the Decentralization meme coin launch platform of the Solana ecosystem, helps new meme coin projects raise funds and provides priority token distribution. Trojan Classification: Telegram Bot Fees: $1.19 million Introduction: Trojan provides automated management tools for the community of the Solana ecosystem to facilitate users to perform token transactions and community interaction. Solana prices climb near all-time highs Solana (SOL) has been strong in recent days, fueled by the Memecoin boom. According to the latest data, SOL reached a high of $244.07 today, just 6.11% away from the all-time high of $259.96 set in 2021. However, it is worth noting that although the price is slightly below the all-time high, Market Cap has actually reached a new high of $114.8 billion, compared to $77 billion in 2021, compared to $77 billion in 2021. According to SolanaCompass, Solana's current inflation rate is 4.904% and is declining at a rate of 15% per year, and the SOL of the new mint continues to be used to reward stakeholders involved in ecological construction. Solana (SOL) recent one-month price Related reports Vitalik: Solana's demand for Decentralization is much lower than ETH, and Ethereum is the only one comparable to BTC Comprehensive interpretation of Solana's largest DEX Raydium status Arthur Hayes: I prefer Solana to ETH, the election result is not important, "Fed rate cut" is the key "Solana." Ecoprotocol fees are at an all-time high, a top signal or a fundamental shift in the market? This article was first published in BlockTempo "Dynamic Trend - The Most Influential Block Chain News Media".