Summary
- Solana's DEX trading volume in January increased by 268% compared to Ethereum.
- Solana recorded a trading volume of $122 billion, marking a notable achievement.
- Raydium led the Solana ecosystem with a weekly trading volume of $32 billion.
According to The Block, a cryptocurrency-focused media outlet, on the 22nd (local time), Solana's (SOL) DEX trading volume ratio compared to Ethereum (ETH) in January was 268%, a significant increase from the same period last year (53%).
During this period, Solana processed a trading volume of $122 billion, while Ethereum only managed $45 billion.
Among these, Raydium led the Solana ecosystem with a weekly trading volume of $32 billion. Ethereum's Uniswap processed $20 billion during the same period.
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
