Browsing: DEX trading volume

Solana DApp revenue has become a key driver of economic growth within the Solana blockchain ecosystem, showcasing its potential to outperform even established platforms.Recently reported statistics highlight that Solana continues to lead all L1 and L2 chains in both DApp revenue and DEX trading volume, solidifying its position as a top contender in the competitive world of cryptocurrency.

Solana DEX trading volume has made headlines recently by surpassing that of all other blockchain networks for an impressive 16 consecutive weeks.This significant trading activity highlights the growing popularity of Solana as a leading platform for decentralized exchanges, attracting traders with its fast transaction speeds and low fees.

DEX trading volume across the entire chain fell by 21.6% compared to the previous week, totaling $952.29 billion. This decline reflects a significant drop in trading activity. The decrease in volume indicates a shift in…