Solana Dominates DEX Trading with $19.359 Billion Volume, Surpassing Ethereum and BSC

The post Solana Dominates DEX Trading with $19.359 Billion Volume, Surpassing Ethereum and BSC appeared on BitcoinEthereumNews.com.

In a significant development within the decentralized finance (DeFi) landscape, recent data from DeFiLlama indicates that the Solana blockchain achieved a remarkable DEX trading volume of $19.359 billion over the past week, reflecting a substantial weekly growth rate of 23.53%. This unprecedented surge has positioned Solana as the leading public blockchain in terms of trading activity, surpassing its closest competitor, Ethereum, which recorded a trading volume of $12.105 billion. Furthermore, the Binance Smart Chain (BSC) secured the third spot with a total volume of $8.813 billion. The implications of these figures underscore Solana’s increasing importance in the crypto ecosystem, offering insights into shifting investor sentiment and the potential for rapid innovation within the sector. Source: https://en.coinotag.com/breakingnews/solana-dominates-dex-trading-with-19-359-billion-volume-surpassing-ethereum-and-bsc/

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Filed under: News - @ April 27, 2025 3:12 am