- Solana’s decentralized exchanges exhibit notable surges in trading activity, especially from March 2 to 6.
- On March 5, Solana’s DEX reached a new daily high of $2.85 billion in trading volume.
- SOL token has reached a 20-month high of $136.73, securing its position in the top five cryptocurrencies.
According to DefiLlama data, Solana’s decentralized finance (DeFi) has been experiencing wider growth over the past week. Notably, the decentralized exchanges (DEXs) on Solana have exhibited remarkable surges in trading volume, especially from March 3 to March 6.
A Chinese crypto reporter, Colin Wu, shared insights about the Solana DEXs’ astounding trading activities. As per the updates shared on his Wu Blockchain X page, the DEX trading volume on Solana has exceeded $2 billion for four days. In addition, on March 5, the trading volume reached $2.85 billion, marking a new daily high.
According to DeFiLlama, from March 3 to March 6, the DEX trading volume on the Solana has exceeded $2 billion for four days, with the trading volume reaching $2.85 billion on March 5, setting a new single-day high. The activity of on-chain transactions may be one of the reas…The post Solana’s DEXs Exhibit High Trading Activities; Surging Over 177% appeared first on Coin Edition.