On October 21st, the Solana-based decentralized exchange Raydium unexpectedly outperformed Ethereum in terms of 24-hour revenue, generating $3.4 million compared to Ethereum's $3.35 million. This achievement comes as Ethereum continues to recover from its recent Dencun upgrade, which significantly reduced transaction fees. While Ethereum still maintains a lead over other blockchains, instances like this highlight the growing competition and evolving landscape of the blockchain industry.
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RAY
2,666
+3.49%
ETH
2637,31
-1.72%
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