Bitget App
Trade smarter
Open
HomepageSign up
Bitget>
News>
Solana's Daily DEX Trading Volume Surpasses $1.2 Billion, Second Time in History, Exceeding Ethereum

Solana's Daily DEX Trading Volume Surpasses $1.2 Billion, Second Time in History, Exceeding Ethereum

2023/12/20 20:16
SOL-0.48%

According to on-chain data, Solana's daily decentralized exchange (DEX) trading volume has surpassed Ethereum for the second time in history, exceeding $1.2 billion in daily trading volume. Analysts believe that Solana's trend of gaining market share may continue due to lower transaction costs, faster transactions providing a better user experience, and recent wealth effects in the ecosystem.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

Trending news

More
1
Bank of Ghana: Plans to implement bitcoin and cryptocurrency regulation by the end of 2025
2
Ferrari plans to launch the "Token Ferrari 499P" and auction the Le Mans champion racing car through crypto.

Crypto prices

More
Bitcoin
Bitcoin
BTC
$111,755.74
+1.49%
Ethereum
Ethereum
ETH
$3,946.82
+0.66%
Tether USDt
Tether USDt
USDT
$1
+0.02%
XRP
XRP
XRP
$2.61
+4.84%
BNB
BNB
BNB
$1,113.62
+0.01%
Solana
Solana
SOL
$192.66
+0.84%
USDC
USDC
USDC
$1
+0.02%
Dogecoin
Dogecoin
DOGE
$0.1974
+0.92%
TRON
TRON
TRX
$0.2982
-3.45%
Cardano
Cardano
ADA
$0.6539
+0.98%
How to buy BTC
Bitget lists BTC – Buy or sell BTC quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now
Trade smarter