According to Wu Blockchain, KOL yyy cited DeFiLlama data showing that several well-known SVM public chains have recently faced severe capital outflows. Among them, Solayer's on-chain TVL has dropped to approximately $14.96 million (down 97.13% from its peak); Eclipse's TVL has fallen to $1.38 million (down 97.18% from its peak); Fogo's TVL is around $1.09 million; and Soon Network's TVL is nearly zero. Additionally, Fogo Chain was criticized for canceling its public sale due to an inflated valuation, and its token price plummeted within less than three months after TGE. https://(wublock123.com)/news/svm-public-chain-capital-flight-soon-network-tvl-near-zero-59178