Ethereum

Solana

David Vance

DeFi

<ul class="news-points"> 
 <li>Solana has surpassed Ethereum in terms of 30-day DEX volume.</li> 
 <li>This is the first time that Solana has surpassed Ethereum in that measure.</li> 
 <li>Researcher Ryan Connor predicted that Solana might flip Ethereum in the near future.</li> 
</ul> 
Solana (SOL), a blockchain network known for providing scaling solutions for Ethereum, is projected to overtake Ethereum as it recently surpassed ETH in 30-day decentralized exchange (DEX) trading volume. Analysts have hailed this as an “interesting and consequential milestone in crypto markets today.” 
As <a href="https://x.com/_ryanrconnor/status/1815753548841300025" target="_blank" rel="nofollow">pointed out</a> by Ryan Connor, a member of the Blockworks Research team, this marks the first time Solana has outpaced Ethereum in trading volume and is “now the most used chain by that measure.” 
<figure class="wp-block-image">
 <img decoding="async" src="https://lh7-us.googleusercontent.com/docsz/AD_4nXel2ijoqa5LG3FG7qZ3FXzdPmfET8TobB1M5N7eViJxOoqxzKgzqaWJ7TzfMjANHZQoeiTMNw2DCrct80Jz5yX9qjxwSPK814ktiJsbrD_8_BkmdPIY6NFvN-RMJ3eHAUEHQIFZHT6iEyfl0oZFycXc1zpf?key=cRz-zNc4jbNGDRZZw6YbXA" alt="">
</figure> 
Solana currently ranks first, followed by Ethereum, Arbitrum, BNB, Base, Blast, Optimism, Avalanche, Polygon, and Sui. Connor predicts that Solana <a href="https://x.com/_ryanrconnor/status/1807897047321755776" target="_blank" rel="nofollow">will surpass Ethereum</a> in the coming months and emerge as the leading blockchain in the DeFi space. 
Coinbase analyst David Han stated in a <a href="https://x.com/0xdavidhan/status/1815779755465036183" target="_blank" rel="nofollow">post</a> on social media platform X (formerly Twitter) that Binance’s BSC did the exact same thing in the previous bull cycle but was unable to flip Ethereum.&nbsp; …
The post <a href="https://coinedition.com/solana-flips-ethereum-surpasses-eth-in-30-day-dex-trading-volume/">Solana Flips Ethereum: Surpasses ETH in 30-Day DEX Trading Volume</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.

Solana Flips Ethereum: Surpasses ETH in 30-Day DEX Trading Volume

Coin Edition

Άλλα άρθρα που δημοσιεύτηκαν στις 24 Ιουλ 2024

Kraken finishes Mt. Gox Bitcoin distribution, but creditors aren’t selling BTC

New Cryptocurrency MoonTaurus Raised $100k Within Just Two Hours of the Presale's Launch (24 Jul)

Bullish Bitcoin traders better positioned for Friday’s $5.5B options expiry

Hex Trust gets initial nod for payment institution license in Singapore

XRP Price To Hit $1 in Q4 With Golden Cross and Ripple vs SEC Settlement Ahead

Hex Trust Receives In-Principle Approval to Offer Digital Payment Token Services in Singapore

Join our free newsletter for daily crypto updates!