Coinspeaker
Solana Network: Monthly DEX Trading Volume Surpasses $100B for First Time
As its recent growth and various achievements suggest, Solana may be putting up its best performance yet. That is, since its inception as a blockchain network. Keeping up its momentum after last week’s report, the platform has reported yet another set of notable feats, both in the decentralized finance (DeFi) and non-fungible token (NFT) ecosystems.
According to data from DefiLlama, Solana’s monthly decentralized exchange (DEX) trading volume has crossed $100 billion. However, the interesting part of this feat is that it is its first time recording that much volume within a month.
From all indications, it appears that Solana may now be showcasing a growing dominance in the blockchain space. That is, as more users continue to flock to the network to satisfy their various business interests – whatever that may be.
Bridging Activity Surges on Solana as Network Dominates Other Chains
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