Top DeFi Projects by Social Activity, Solana ($SOL) Dominates

LunarCrush, a platform that utilizes artificial intelligence (AI) to analyze digital assets such as cryptocurrencies, has unveiled the list of Top 10 Decentralized Finance (DeFi) Projects based on social activity. Social Activity consists of Engaged Posts and Interactions. These two measures are used to check the Social activity of cryptocurrencies. Solana ($OL) leads the Top 10 DeFi Projects by social activity.

In this ranking list, Solana ($SOL) dominates the market with 80.3K Engaged posts and 21.5M Interactions. Simultaneously, XRP ($XRP) is the runner-up in this race with 24.5K Engaged Posts and 8.5M Interactions. There is a difference of 55.8K in Engaged Posts between these DeFi Projects, which shows that both are still in demand in the crypto market. Phoenix Group has released this news through its official X account.  

Zcash and Chainlink Outperform in Interactions Despite Close Engagement Numbers

Zcash ($ZEC) and Chainlink ($LINK) got third and fourth position with 10.8K and 8.1K Engaged Posts, respectively. These DeFi Projects show a small difference in terms of Engaged Posts, about 2.7K. While moving to Interactions, the difference got hype to 1.5M. So, ($ZBCN) stands with 1.9M, and ($LINK) at 3.4M in Interactions, respectively.

Moreover, two more DeFi projects got Posts in hundreds by social activity. In this, the first one is Monad ($MON), gained 7.2K Engaged posts and 899.0K Interactions. Monad ($MON) wins with the difference of only 1.5K to its nearest DeFi project, Monero ($XMR), in Engaged Posts. Further, the next one is Monero ($XMR), positioned itself with 5.7K Engaged Posts and 1.7M Interactions surviving in the market.

$ASTER and $ICP Dominate Interactions While RAY and HBAR Trail Behind

Aster ($ASTER) and Internet Computer ($ICP) observed very close to each other in terms of Engaged Posts, with 4.7K and 4.1K, respectively. So, the difference between these DeFi projects is 0.6K. But, they show a huge difference in terms of Interactions, which is about 194.9K, and in this way, ($ASTER) is placed with 809.4K and ($ICP) with 614.5K in Interactions.

In addition, there are two DeFi projects that remained at the end of this ranking list. Raydium ($RAY) and Hedera ($HBAR) got second last and last position, respectively. In this race, both DeFi Projects got 3.7K and 3.3K Engaged Posts, and 537.2K and 266.7K Interactions, respectively.