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cryptostats
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Hey everyone, just been digging into the $SOL DEX activity and wow, things look completely different compared to a year ago. The whole landscape has really shifted.
Back then, memecoins were basically running the show, driving well over half of the aggregate trading volume. Now, their contribution has dropped sharply to only about 7%.
What's really taken over are stablecoin-related swaps. These now account for nearly 80% of the combined volume, which is a massive pivot for the chain. $USDC $USDT
Quite a change in user behavior on Solana. $SOL
#Solana #DEX #OnChain #CryptoStats
Back then, memecoins were basically running the show, driving well over half of the aggregate trading volume. Now, their contribution has dropped sharply to only about 7%.
What's really taken over are stablecoin-related swaps. These now account for nearly 80% of the combined volume, which is a massive pivot for the chain. $USDC $USDT
Quite a change in user behavior on Solana. $SOL
#Solana #DEX #OnChain #CryptoStats
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