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Solana DEX Trading Volume Hits Historic Highs, Outpacing Competitors In Net Flows

  • Solana DEXs have reached historic levels of trading volume, surpassing $5 billion daily for three consecutive days.
  • Raydium, a leading Solana-based DEX, accounted for 60% of the network's trading activity, closing the gap with Uniswap.
  • Other chains like Aptos and Sui also showed strong trading volumes, with Solana, Base, and Sui leading in net flow performance.
  • Solana's increasing utility and adoption in DeFi solidify its position as a major player, with the ecosystem addressing scalability and cost concerns.

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