Solana’s DEX Volume Surges Amid Price Correction: Promising Developments for RENDER and Jupiter
The post Solana’s DEX Volume Surges Amid Price Correction: Promising Developments for RENDER and Jupiter appeared on BitcoinEthereumNews.com.
Solana’s DEX volume jumped 128% in seven days, hitting $18 billion and surpassing Ethereum and BNB in trading activity. RENDER remains strong in AI despite an 11% price drop, fueled by growing demand for decentralized GPU power solutions. Jupiter’s protocol activity surged with $2.5M in daily fees, though its token JUP lingers near historic lows under $0.65. Solana, RENDER, and Jupiter are set to take the spotlight as the U.S. crypto landscape evolves, driving innovations in DeFi, AI, and infrastructure. Solana’s Resurgence Amid Market Corrections Solana has faced a notable price correction over the past week, with its value dropping nearly 13%. If this bearish momentum continues, the token could be on track to retest the critical support level at $120. A breakdown below that could see SOL sliding further toward the $112 mark. Despite the recent downturn, Solana remains one of the most relevant Made in USA coins and continues to show impressive usage metrics. PumpFun, for example, generated nearly $9 million in revenue over the past 24 hours, second only to Tether. After a brief period of BNB leading the DEX volume race, Solana seems to be regaining traction—its decentralized exchange volume has surged by 128% in just seven days, reaching $18 billion and surpassing both Ethereum and BNB. If this recovery in momentum persists, SOL could target a move toward the $131 resistance level. A successful breakout there could open the door to further gains toward $136 and potentially $147. RENDER’s Adaptation in a Shifting AI Landscape RENDER, one of the most prominent U.S.-based cryptocurrencies with a focus on artificial intelligence, has seen its price decline nearly 11% over the past seven days. This drop reflects the broader correction that has impacted many AI-related tokens in recent months. However, new developments in the AI infrastructure space may…
Filed under: News - @ April 1, 2025 12:24 am