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LunarCrash releases the report, highlighting the top trending decentralized finance (DeFi) projects by social media activity over the past week. Solana ($SOL) is reportedly leading the pack of DeFi projects. It has emerged as the most socially active project in the DeFi space. $SOL leads the social media discussion which reflects its growing influence and robust community engagement.
⚡️ TOP DeFi Projects by Social Activity$SOL $XRP $HBAR $AVAX $LINK $INJ $VET $EGLD $RAY $FTM pic.twitter.com/KGEewyMZ2Y
— 🇺🇦 CryptoDep #StandWithUkraine 🇺🇦 (@Crypto_Dep) November 19, 2024
Solana recorded an astounding 135K social posts which makes it a clear leader in terms of social activity. This DeFi project has also acquired an incredible 78.4 million interactions, including likes, comments, retweets, and upvotes. These interactions are giving $SOL an impressive social dominance of 9.50%. From this stance, $SOL underscores the prominence of DeFi projects in terms of speed, scalability, and broad adoption.
$XRP and $HBAR Claim Runner-Up Spots
Among the DeFi projects, $XRP secured the second position with 43,500 posts and 26.2 million interactions. The posts and interactions resulted in 1.10% social dominance. The $XRP token remains a popular topic within the DeFi conversations despite being a traditional player in the blockchain world.
The $HBAR token followed securing a third place with 17.3K posts and 5.21 million interactions. It further, as a significant contender in the DeFi space, maintained a social dominance of 1.50%. These all-social activities proved $HBAR’s consensus mechanism and eco-friendly approach.
Other Top DeFi Projects Making the Waves
The tokens $AVAX and $LINK also made notable appearances in terms of rankings. The token $AVAX garnered 15,100 posts with 5.12 million interactions, achieving 1.40% of social dominance. The project $LINK generated 13.6K posts with 4.61 million interactions and 1.2% social dominance.
Other DeFi projects such as $INJ, $VET, $EGLD, $RAY, and $FTM also featured prominently. $INJ secured 9.91K social posts, 2.62 million interactions, and 0.75% dominance. The project $VET garnered 7.12K social posts, 1.42M interactions with 0.50% dominance. $EGLD, $RAY, and $FTM secured 6.89K, 6.21K, and 4.68K social posts respectively. These tokens gained 1.28M, 1.49M, and 1.10M interactions, resulting in 0.55%, 0.55%, and 0.35% social dominance in the same order.
These rankings of DeFi projects highlight how social activity mirrors a project’s influence in the competitive DeFi landscape. With all these highlights, the developers and investors are advised to continue to flock to the blockchain solutions that offer both innovation and engagement.
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