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VisitSolana maintains DEX volume dominance over Ethereum by year-end
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No • 50%
Blockchain analytics platforms such as CoinMarketCap or CoinGecko
Solana Tops Ethereum in DEX Volume, NFT Adoption with 48% Dominance
May 10, 2024, 01:45 AM
Solana has recently achieved significant milestones in blockchain technology, surpassing Ethereum in daily decentralized exchange (DEX) trading volume and potentially in transaction fees. It has also reclaimed the top spot for daily transactions over Sui blockchain. Furthermore, Solana dominates the Daily NFT Blockchain User adoption with a 48% dominance and 29,000 daily users. Additionally, Solana's memecoin, $WIF, has flipped Sui Network in 24-hour on-chain volume.
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