Solana

DeFi

Lifinity

Solana’s (SOL) DeFi (decentralized finance) sector has witnessed explosive growth amidst a market-wide rally. Based on DeFi TVL aggregator DeFiLlama, the decentralized exchange (DEX) trading volume on Solana surpassed $12.8 billion for seven consecutive days. The figure peaked at $2.85 billion in a day in the previous week, marking a record high for daily trading volume.
Artificial intelligence (AI) is influencing various sectors worldwide and has extended into cryptocurrencies. <a href="https://inqubeta.ai?utm_source=PR&amp;utm_medium=organic&amp;utm_campaign=tcrs&amp;utm_content=64" rel="noopener noreferrer nofollow">InQubeta (QUBE</a>), a crypto crowdfunding platform, has emerged as a significant beneficiary of this uptrend, attracting substantial retail investment in its ongoing presale. With over $11.9 million raised so far, InQubeta’s top ICO success emphasizes individuals’ confidence in its proposition.
This article will look at why retail investors flock to this AI-backed crypto and uncover Solana’s massive DEX trading volume.
<h2 id="b-inqubeta-qube-offers-a-great-opportunity-to-investors-b">InQubeta (QUBE) Offers A Great Opportunity To Investors</h2>
<a href="https://inqubeta.ai?utm_source=PR&amp;utm_medium=organic&amp;utm_campaign=tcrs&amp;utm_content=64" rel="noopener noreferrer nofollow">InQubeta</a> is a unique platform that lets its users invest in AI startup projects using its native QUBE tokens. Its custom-built NFT (non-fungible token) marketplace allows such startups to raise seed funds and offer reward and equity-based NFTs. Capitalizing on InQubeta comes with compelling benefits, and investors gain exposure to AI technology startups’ potential long-term growth and value appreciation.&nbsp;
Another essential aspect that instills trust in InQubeta is its verified and certified smart contracts. Top cybersecurity firms, Hacken and Block Audit, have thoroughly reviewed and certified InQubeta’s smart contracts alongside a KYC procedure. This validation assures investors that their funds and information are secure, mitigating concerns about security vulnerabilities.
QUBE investors can propose, discuss, and vote on key decisions, ensuring that the project prioritizes the needs of its community. For further engagement, InQubeta allows staking of QUBE tokens, where investors can earn rewards from its 2% and 5% buy and sell tax that flows into a dedicated reward pool. Staking provides an additional source of income and incentivizes long-term investment in the QUBE token.&nbsp;
The InQubeta presale is in stage eight, and the tokens sit at a discounted DeFi coin price of $0.0245. The tokens are available from the presale platform using supported cryptocurrencies like ETH, USDT, and BTC. This top ICO has sold over 895 million tokens worth $11.9 million, emphasizing how many retail investors are flocking to the platform.&nbsp;
<a href="https://inqubeta.ai?utm_source=PR&amp;utm_medium=organic&amp;utm_campaign=tcrs&amp;utm_content=64" target="_blank" rel="noopener noreferrer nofollow"><img src="https://thecoinrise.com/wp-content/uploads/2024/01/InQubeta.png" alt="" width="1024" height="402"></a>
<h2 id="b-solana-s-sol-dex-activity-soars-b">Solana’s (SOL) DEX Activity Soars</h2>
Last week, Solana’s DEX recorded a $2.85 billion daily trading volume, taking it up by 150% in the past week and attracting a cumulative $12.9 billion. Solana commands a significant portion of the total DEX volume, accounting for 16%, marking third place as it follows Ethereum (ETH) and Binance Smart Chain (BSC). About a year ago, the data was vastly different, with SOL holding a mere 1.1% market share – this shift essentially highlighted Solana’s growth trajectory within the DeFi ecosystem.
The leading DEXs on Solana are Raydium, which has had $5 billion in trading volume over the past seven days; Orca had $4.3 billion; and Lifinity had $1.5 billion during the same period. Meanwhile, SOL has again secured its position in the top five cryptos by market capitalization after posting about 40% monthly gains. It currently trades at around a DeFi coin price of $150.
Conclusion
The rise in Solana‘s DEX trading volume reflects the platform’s ability to handle large-scale transactions and shows its rising prominence in the blockchain industry. InQubeta has a well-structured roadmap for its development post-launch. The project aims to expand its NFT marketplace and establish new features and partnerships. With its secured platform, unique investment model, and staking rewards, InQubeta is a top venture for investors looking to diversify their portfolios.
<a href="https://inqubeta.ai?utm_source=PR&amp;utm_medium=organic&amp;utm_campaign=tcrs&amp;utm_content=64" rel="noopener noreferrer nofollow">Visit InQubeta Presale&nbsp;</a>
<a href="https://linktr.ee/inqubeta" rel="noopener noreferrer nofollow">Join The InQubeta Communities</a>
The post <a href="https://thecoinrise.com/explosive-growth-in-solanas-sol-dex-trading-volume-retail-investors-flock-to-ai-driven-crypto/" rel="noopener noreferrer nofollow">Explosive Growth In Solana’s (SOL) DEX Trading Volume; Retail Investors Flock to AI-driven Crypto</a> appeared first on <a href="https://thecoinrise.com" rel="noopener noreferrer nofollow">Latest News and Insights on Blockchain, Cryptocurrency, and Investing</a>.

Explosive Growth In Solana’s (SOL) DEX Trading Volume; Retail Investors Flock to AI-driven Crypto

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