Solana’s DEX trading volume has remained consistently high, accounting for 45% of the entire market and reaching $6 billion daily. Meanwhile, most other top ten blockchain DEXs saw a significant decline in transactions. Solana’s total locked value (TVL) reached $9.2 billion, giving it a 73% advantage over BNB Chain, which holds $5.3 billion in assets.
With 29.3 million unique active addresses interacting with DApps on Solana in the past week, it outpaces Near, opBNB, and Base. The SOL futures funding rate reached 4.2% on November 22, while the long position indicator has stabilized around 2.4% on a monthly basis, just above neutral.
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<p>The post Solana DEX’s Dominance: Weekly Volume Surges to 45% of Market first appeared on CoinBuzzFeed.</p>
