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[Solana's Fee Market Share Drops to 9%, Hyperliquid and BNB Chain Lead L1 Blockchains] According to Defillama data, with a significant increase in derivatives trading activity, Hyperliquid and BNB Chain have taken the lead in the mainstream Layer 1 blockchain fee market, accounting for 40% and 20%, respectively. Meanwhile, Solana's market share has plummeted from over 50% at the beginning of the year to just 9%. This shift is primarily attributed to the fading memecoin trading frenzy on Solana, the lack of strong native application support, and the rapid rise of Hyperliquid and BNB Chain in the derivatives sector.

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