Summary
- It was announced that the 24-hour trading volume of Solana-based DEX has surpassed $10 billion, marking a first.
- The trading volume of Solana DEX has exceeded the total volume of DEXs based on other blockchains, with a market share reaching 49%.
- The increase in trading volume of Solana DEX is analyzed to be influenced by the launch of the 'Official Trump' meme coin.
The 24-hour trading volume of the decentralized exchange (DEX) based on Solana (SOL) has surpassed $10 billion (approximately 14.595 trillion KRW).
On the 17th (local time), SolanaFloor announced on X that "the 24-hour trading volume of Solana DEX has reached $10.271 billion," stating that it is "the first blockchain to reach the milestone of $10 billion."
They further explained that "the trading volume of Solana DEX has exceeded the total trading volume of DEXs based on other blockchains," and that Solana's current market share is about 49%.
This achievement is analyzed to be influenced by the launch of the meme coin 'Official Trump (TRUMP)' by Donald Trump.
According to DEX Screener, as of 11:31 PM, TRUMP is trading at $25.37, up 13,809% from its initial price of $0.1824.
Son Min
sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit![Dow Tops 50,000 for First Time Ever as “Oversold” Narrative Spreads [New York Stock Market Briefing]](https://media.bloomingbit.io/PROD/news/1c6508fc-9e08-43e2-81be-ca81048b8d11.webp?w=250)
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