🚀 Solana's on-chain trading ecosystem is making waves, ranking as the third most profitable sector in crypto, just behind stablecoins and layer 1s. Thanks to its unique architecture, Solana is attracting traders and generating high revenues.
- Solana's trading activity accounts for 75-90% of its transaction fees, outpacing Ethereum and other networks.
- Coinbase is betting big, introducing cbBTC to enable Bitcoin trading on Solana, boosting DeFi potential.
- Memecoins and trading bots like Photon are thriving, with Solana-based protocols generating millions in revenue.
What do you think about Solana's rise? Share your thoughts below! 💬