Solana’s DEX Volume Skyrockets Past $100 Billion: What It Means
Solana’s decentralized exchange trading volume soared beyond $100 billion in November 2023. This impressive figure has doubled the trading volume of Ethereum’s DEXs, showcasing Solana’s growing dominance in the market. Coupled with this development, the native token SOL reached a remarkable all-time high of $263. These significant milestones reflect increased investor interest and participation in Solana’s ecosystem. The DEX performance suggests a robust decentralized finance space on the platform. As Solana continues to expand its offerings, many analysts are eager to see how this growth affects the broader crypto landscape and investor sentiment.
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