đšBREAKING! The weekly trading volume on Solanaâs decentralized exchanges (DEX) has dropped to its lowest point in six months.
Over the past month, on-chain activity has decreased, partly due to the waning excitement around memecoins. According to Dune Analytics, last weekâs DEX volume was $7.7 billion.
In contrast, back in March, Solanaâs daily DEX volume was 50% higher than Ethereumâs, often surpassing $3 billion in 24-hour trading volume.