Solana's $115B DEX Boom: Is Meme Coin Mania the Secret?
Decentralized finance (DeFi) has been on an incredible rise over the past few years, but this year, there's a new leader in the game—Solana. With its growing influence in the memecoin space, Solana has been steadily climbing the ranks, and now it’s making waves in a major way.
In an impressive milestone, Solana has shattered expectations by surpassing $100 billion in volume on decentralized exchanges for the first time ever. And here's the kicker: Solana’s DEX traffic now outshines that of Ethereum and its Layer 2s combined.
November’s DEX King: Solana
Solana is making waves again, breaking records and leaving Ethereum in the dust. On November 26, the Solana network hit an all-time high with over $115 billion in DEX transaction volume. That’s right—Solana has outpaced both Ethereum and Binance Smart Chain (BSC), taking the top spot for the month.
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