• Thu. Nov 21st, 2024

Solana DEX Volume Surpasses Ethereum by 168%, Processing 14 Million Transactions

Oct 31, 2024

Solana has recorded a significant surge in decentralized exchange (DEX) volume, surpassing Ethereum's mainnet by 168%. This increase is largely driven by Raydium's growing market share.

Over the past 24 hours, Solana has processed 14 million transactions, more than three times the volume of Ethereum.

Additionally, Time dot Fun has announced its migration from Base to Solana, citing a more vibrant and inclusive community. The cryptocurrencies involved include $ETH, $SOL, and $RAY.

To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io


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[Source: TheDefiant]

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