Solana Overtakes Polygon in Daily DEX Volume and Transactions, Continues Upward Momentum
Solana (SOL), a competitor to Ethereum (ETH), has surpassed Polygon (MATIC) in daily decentralized exchange (DEX) volume, according to data from blockchain tracking platform Artemis. Solana's DEX volume was approximately $240.5 million, while Polygon's was $137.5 million. Solana also surpassed its competitors, including ETH and Avalanche (AVAX), in terms of daily transactions, with 19.5 million on November 2nd. Solana's market cap has also been outpacing its competitors since the start of October, and its price has increased by about 300% since January 1, 2023.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
OpenSea token airdrop rumors, CyberKongz on SEC radar: Nifty Newsletter
New spot margin trading pair — USUAL/USDT!
We are thrilled to announce that Bitget has launched isolated spot margin trading for USUAL/USDT. New listing perk: To celebrate the listing of new coins, Bitget will distribute spot leverage cut-rate coupons or trading bonuses to users' accounts at random. These coupons can be used to leverage at
Spot gold stood at $2,620/ounce, up 1.32% on the day
Trending news
MoreCrypto prices
More
