In the Last 24 Hours, Solana (SOL) DEX Trading Volume Surpasses Combined Volume of Ethereum (ETH) and Base (BASE)
JH Kim
Summary
- It was reported that in the last 24 hours, the trading volume of Solana-based DEXs reached $3.8 billion, surpassing the combined volume of Ethereum and Base.
- This increase in trading volume indicates the rising status of the Solana network in the DeFi sector.
- Solana is emerging as a strong challenger to Ethereum.
On the 6th (local time), cryptocurrency specialist media Cointelegraph reported, citing Defillama data, that the trading volume of Solana (SOL)-based decentralized cryptocurrency exchanges (DEX) in the last 24 hours has surpassed the combined volume of Ethereum (ETH) and Base (BASE).
According to the data, the daily trading volume of Solana-based DEXs stands at $3.8 billion, which is larger than the combined $1.7 billion of Ethereum and $1.2 billion of Base.
The media stated, "This increase in trading volume indicates the rising status of the Solana network within the DeFi sector," and explained that "it is emerging as a strong challenger to Ethereum."
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
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