Solana Surpasses Ethereum in 7-Day DEX Volume, Achieves 27% Market Dominance

Oct 1, 2024, 05:33 AM

Solana's decentralized exchange (DEX) volume has surpassed Ethereum and other blockchains, reaching a multi-month high of 27% market dominance. This marks the fourth consecutive day that Solana has dominated Ethereum in 24-hour DEX volume. Additionally, Solana has flipped Ethereum in 7-day onchain volume, further solidifying its position in the market. Solana continues to lead in weekly onchain volume, showcasing its growing influence.