Layer 1 blockchain Solana has a higher decentralized exchange (DEX) trading volume than Ethereum and Base combined
On the 6th (local time), DefiLlama data reported that the Solana network recorded approximately $3.8 billion in trading volume in the past 24 hours.
On that day, daily trading volume on Solana-based DEXs reached approximately $3.8 billion, while Ethereum reached $1.7 billion.
BASE, Ethereum's leading Layer 2 extension network, recorded $1.2 billion (approximately 189.9 billion yen).
The increase in trading volume comes as the Solana network gradually gains traction in decentralized finance (DeFi).
Solana is gaining importance and is emerging as a viable contender to challenge Ethereum. Price-wise, Solana has also performed well. According to TradingView, it has risen to 202
Over the past three years, Solana's price growth rate has reached about eight times that of Ethereum.
According to Dipyrama, Solaran is expected to surpass Ethereum by 2024.
a’s TVL has increased nearly five-fold from about $1.4 billion to more than $9.5 billion. Grayscale Research said in a December report that “retail traders are investing in crypto assets through Solana.”
"We are seeing more and more companies entering the cryptocurrency (cryptocurrency) market, and speculative enthusiasm is building for Solana-based meme coins and AI agent tokens."
2025/01/07 12:35 KST
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