Yakovenko dismissed NFTs and meme coins as assets without intrinsic value in a July 27 X post. He compared them to a mobile ...

Solana surged to $206 in July but now trades near $178 as demand slows. Key indicators suggest possible downside or a bounce ...

Solana DEX sets new record, topping $5B for three consecutive days DeFiLlama’s data confirmed that Solana DEX’s trading volume was at an all-time high after breaking above $5 billion for three ...

SOL price faces a slowdown after a strong July rally, with decreasing activity signaling potential declines in August.

According to DefiLlama data, Solana has realized a total of over $109.8 billion in DEX trading volume so far in November. The recent surge represents an increase of over 100% compared to last ...

DEX volumes market share. Source: DefiLlama DEX activity on Solana reached $64.1 billion over 30 days, surpassing Ethereum’s $61.4 billion, according to DefiLlama data.

Solana’s DEX dominance rise is attributed to its “blazing transaction speeds, minimal costs, and developer-centric tools,” OKX said in its Jan. 28 The State of DEXs 2025 report.

As of Tuesday, daily DEX volume on Solana has dropped significantly, averaging just around $1.5 billion per day. This sharp decline in trading activity signals a slowdown in the hype cycle that ...