Solana DEX Volume Skyrockets by 45%, Leaving Ethereum in Dust – The Crypto Basic

Solana decentralized exchange (DEX) has experienced a significant increase in trading volume, skyrocketing by 45%. This surge has left Ethereum trailing far behind. Solana’s DEX has seen a notable boost in activity, indicating a strong interest from traders and investors. The platform’s efficient and low-cost transactions are likely contributing to its growing popularity. Ethereum, on the other hand, is facing challenges with high gas fees and network congestion, causing users to seek alternatives like Solana. The recent uptick in volume on Solana’s DEX suggests a shift in the cryptocurrency trading landscape, with more users turning to Solana for their decentralized trading needs.

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