Solana

Orca

Raydium

Strong

<h2 style="text-align: justify" id="solana-s-strong-dominance-in-trading-volume">Solana’s Strong Dominance in Trading Volume</h2>
<p style="text-align: justify">According to the latest data provided by DeFiLlama, Solana’s decentralized exchange (<a href="https://en.coin-turk.com/muesliswap-reverses-slippage-feature-cardano-based-dex-to-compensate-users-for-losses/" data-wpel-link="internal" rel="noopener noreferrer nofollow">DEX</a>) trading volume has reached new highs with a significant 54% increase in just one week. The data shows that Solana’s DEX platforms not only surpassed $3.01 billion in total trading volume but also outperformed the BSC Chain in the last 24 hours.</p>
<p style="text-align: justify"><img decoding="async" class="aligncenter size-full wp-image-278891" src="https://coin-turk.com/wp-content/uploads/2023/11/Solana-SOL-Blockchain-Altcoin.jpeg" alt="" width="1280" height="720"></p>
<p style="text-align: justify">Currently, Solana ranks as the third-largest blockchain in terms of weekly trading volume. With a volume of $9.87 billion, it follows giants like Ethereum (ETH) with $4.49 billion and Arbitrum (ARB) with $4.49 billion.</p>
<p style="text-align: justify">Furthermore, November has been a month of steady growth for Solana, outperforming <a href="https://en.coin-turk.com/bitcoin-price-outlook-will-bitcoin-rise-after-rebounding-from-25000-support/" data-wpel-link="internal" rel="noopener noreferrer nofollow">Bitcoin</a> (BTC) and other major altcoins in the <a href="https://newslinker.co/category/finance/" data-wpel-link="exclude" rel="noopener noreferrer nofollow">market</a>. SOL has shown an impressive increase of 197% last month, reaching $59.75 and recording an extraordinary 350% increase compared to the previous year.</p>
<h2 style="text-align: justify" id="orca-and-raydium-shine">Orca and Raydium Shine</h2>
<p style="text-align: justify">At the forefront of Solana Blockchain’s explosive growth are flagship decentralized exchange platforms Orca and Raydium, both recording stunning gains of over 70%. Particularly, Orca’s altcoin price has experienced an impressive increase of approximately 20%, reflecting the dynamic growth in the Solana ecosystem.</p>
<p style="text-align: justify">Famous investor Cathie Wood from VanEck expressed optimism about Solana’s growth potential last week, leading to an instant 20% increase in SOL. VanEck’s bold prediction suggests that SOL will reach a significant milestone of $3,211 by 2030. Solana’s record-breaking success and dynamic growth signal a Blockchain reaching new heights, as it continues to change the negative landscape in the cryptocurrency market.</p> Continue Reading: <a href="https://en.coin-turk.com/solanas-decentralized-exchanges-ignite-the-cryptocurrency-world-with-a-54-increase-in-trading-volume/" data-wpel-link="internal" rel="noopener noreferrer nofollow">https://en.coin-turk.com/solanas-decentralized-exchanges-ignite-the-cryptocurrency-world-with-a-54-increase-in-trading-volume/</a>

Solana’s Decentralized Exchanges Ignite the Cryptocurrency World with a 54% Increase in Trading Volume

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