Altcoins
Solana DEX leads with 210 million transactions in 30 days
DEXs on the Solana blockchain have outperformed their rivals, recording 210 million transactions in the last 30 days. This reflects Solana’s significant role in the DeFi ecosystem and its ability to efficiently handle high-volume transactions. Solana led with 210 million transactions, BNB Chain recorded 29 million and Arbitrum 13 million. Ethereum, a major player in DeFi, handled just 6.7 million transactions. Solana’s DEXs also saw a notable total volume of $47.75 billion and over 11 million unique traders. Raydium has emerged as a key player, with an average weekly trading volume of around $5 million.