Solana blockchain network’s decentralized exchange (DEX) activity has declined but remains competitive against the Ethereum ...
Despite declining memecoin trading volumes, Solana’s DEX volumes still rival those of the entire Ethereum (ETH) ecosystem.
Solana’s decentralized exchange (DEX) volumes remain competitive with Ethereum’s ecosystem despite a sharp decline in meme coin trading activity, according to a report by asset manager VanEck.
Despite the recent market volatility caused by meme coins, decentralized exchange (DEX) volumes on the Solana blockchain continue to compete with Ethereum 's, according to a recent report by VanEck.
A widely followed analyst is leaning bullish on Solana (SOL) over the long term amid an upcoming upgrade. In a new video, the analyst pseudonymously known as InvestAnswers tells his 563,000 YouTube ...
The platform plans to expand to the Solana network in the coming months, a feat Lee says could unlock over $500 million in volume. “Locked token liquidity represents billions of dollars of ...
The slide in Solana DEX activity has been linked to a broader market trend. Similar volume reductions have been observed across other blockchains like BNB Chain, Ethereum, Sui, and Polygon.
BNB Chain, closely associated with the cryptocurrency exchange Binance, surpassed Solana in daily fee generation ... a decentralized exchange (DEX) that primarily operates on the BNB Chain.