<ul><li>Solana's decentralized exchanges (DEXs) have reached a milestone, with monthly trading volume exceeding $100 billion, doubling Ethereum's trading activity during the same period.</li><li>Solana's growth is driven by its scalability, cheap transaction fees, and increased user engagement in the DeFi and meme coin trading.</li><li>Factors contributing to Solana's growth include its high throughput, low fees, bridging from other blockchains, and popular platforms like Raydium.</li><li>Solana's increasing popularity presents challenges in maintaining network stability, but its adaptability and attraction to institutional investors are evident.</li></ul>

Solana DEX Trading Volume Hits $100B, Doubling Ethereum’s Activity

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