Layer 1 DEX Boom! 125% Growth in Trading Volume๐๐
Global #DEX volumes across Layer 1 blockchains have surged a massive 125% over the past year (based on 7-day moving average) This is a sign of booming activity in the decentralized exchange space!
Current Market Leaders ๐ช
#Ethereum (ETH) - Still the king with a dominant 45% market share
Solana (SOL) - Making serious strides with a 34% share and a whopping 17x increase in the last year!
$BNB Chain (BNB) - A solid contender with a 13% share, known for its low fees
Solana's Meteoric Rise
#Solana market share growth is particularly impressive, highlighting its increasing popularity among traders. While Ethereum remains the leader, competition is heating up!๐ฅ