Solana DEX Weekly Volume Reaches 168% of Ethereum’s Mainnet

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Solana DEX Weekly Volume Reaches 168% of Ethereum’s Mainnet In a remarkable display of growth within the decentralized finance (DeFi) sector, Solana’s decentralized exchange (DEX) has achieved a weekly trading volume that is 168% of Ethereum’s mainnet volume, as reported by The Block.

This substantial increase marks a significant leap from the 48.

This scalability makes Solana an attractive platform for decentralized applications (dApps) and DeFi projects seeking efficiency and speed.

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Article Details

Author / Journalist: Sonam Aggarwal

Category: Crypto

Markets: India

Topics: Crypto News DEX

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-31 @ 06:40:31 (15 hours ago)

News Timezone: GMT +8:00

News Source URL: bitcoinworld.co.in

Language: English

Article Length: 826 words

Reading Time: 5 minutes read

Sentences: 39 lines

Sentence Length: 22 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © BitcoinWorld

News ID: 23346348

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