#Blockchain News 🚀

Solana's on-chain DEX trading volume soars! 📈 Recently, the weekly trading volume of Solana DEX reached 168% of Ethereum DEX, setting a new historical high. Compared to 48.85% at the beginning of the year, this is a huge leap! In October, the trading volume of Solana's leading DEX, Raydium, reached 22.3 billion dollars, while Uniswap on Ethereum was 38 billion dollars.

Raydium's market share grew from 7.6% in January to 18.4% in October, showing strong growth momentum. Nevertheless, Uniswap still dominates the Ethereum ecosystem.

The nature of trading activities varies across different chains. Raydium primarily trades newer tokens, while Uniswap tends to favor mature token trading pairs. What do you think about this change? Feel free to share your thoughts in the comments! 💬