Raydium, the largest DEX on Solana, has surpassed Uniswap in trading volume for two consecutive months, reaching $124.6 billion in November 2024.Memecoin trading accounts for 65% of Raydium's trading volume, reflecting the growing trend in the DEX market.Solana's dominance in DEX trading has propelled Raydium's success, with Solana accounting for almost 50% of the total DEX volume on chains.High throughput, low transaction fees, and greater liquidity make Solana an attractive destination for traders migrating from other blockchains.