Top Trending DeFi Projects by Social Activity Over the Past Week

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.

Source