🚀 Hot Crypto News: Raydium Surpasses Uniswap for the 2nd Consecutive Month! 🌟

- Raydium, a DEX on Solana, has surpassed Uniswap in trading volume for November, increasing by 30% (~$30 billion).

- Raydium's success is attributed to its dominance in the Solana ecosystem, accounting for over 60% of daily DEX volume.

- Memecoins are the main driving force, making up 65% of the November volume.

🔥 Memecoin Explosion

- Memecoins reached a market capitalization of $130 billion, with Solana becoming the trading hub thanks to Pump.fun.

- Pump.fun ranks 5th in Web3 revenue, generating over $100 million in the past 30 days.

📈 Solana experiences strong growth, with TVL increasing 5 times in 2024, but still trailing behind Ethereum.

👉 What do you think about the development of Raydium and Solana? Share your thoughts! 💬