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Solana's Daily DEX Trading Volume Surpasses Ethereum for the Second Time

Solana's Daily DEX Trading Volume Surpasses Ethereum for the Second Time

2023/12/20 23:00
SOL+0.82%

On-chain data reveals that 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 the trend of Solana gaining market share may continue due to its low-cost fees, faster transactions providing a better user experience, and recent wealth effects within its 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.
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