Arbitrum

In a striking turn of events this week, the Layer 2 scaling solution, ZKSync, has surged ahead of Arbitrum in decentralized exchange (DEX) volume, solidifying its position as the third-largest ecosystem by trading volume. This noteworthy milestone signals a potential shift in decentralized finance (DeFi) landscape and raises questions about the emergence of new trends within the crypto space.In a recent tweet by Flowslikeosmo, the remarkable surge in DEX volume, led by various platforms, sparks speculation about the emergence of a new trend:<img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/2c20aa2d66124df3ab211679590da013.png" /><a href="https://coinmarketcap.com/currencies/maverick-protocol/" rel="noopener noreferrer nofollow">MavProtocol</a>, the protocol synonymous with innovation, is leading this surge in weekly volume, which witnessed a substantial increase of 43%, amassing an impressive $307 million. This surge underscores MavProtocol&#39;s ability to attract traders and liquidity, propelling it to the forefront of the crypto realm.Closely behind is <a href="https://coinmarketcap.com/exchanges/syncswap/" rel="noopener noreferrer nofollow">SyncSwap</a>, experiencing a notable uptick of 24% with a trading volume of $117 million. This rise highlights the platform&#39;s appeal and emphasizes the growing interest in Layer 2 solutions as traders seek more efficient and cost-effective avenues for their transactions.Read full article at <a href="https://cryptotale.org/zksync-overtakes-arbitrum-in-dex-volume-emerging-as-third-largest-ecosystem/" rel="noopener noreferrer nofollow">CryptoTale.</a>

ZKSync Overtakes Arbitrum in DEX Volume, Emerging as Third-Largest Ecosystem

CryptoTale

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