Get the latest tech news

Solana supplants Ethereum as top place on DEX volume


Solona has surpassed Ethereum to get to the number one smart-contract blockchain as ranked by trading volume.

According to data from DeFiLlama, reported by Fortune on March 21, the volume of tokens trading on Solana-based decentralized exchanges (DEXs) climbed by 67% to reach $21.3 billion over seven days. The number of daily active addresses on Solana has also risen dramatically, climbing from 400,000 to 600,000 between January and February and hitting roughly 1.25 million on Tuesday. As well as writing, she also has experience in editing as the UK Editor of The Mary Sue , as well as speaking on the important of SEO in journalism at the Student Press Association National Conference.

Get the Android app

Or read this on ReadWrite

Read more on:

Photo of Solana

Solana

Photo of place

place

Photo of ethereum

ethereum

Related news:

News photo

TechCrunch Minute: Solana is ushering in a new round of memecoin mania

News photo

Stellar will invest $100M in Soroban smart contract apps in bid to beat Ethereum

News photo

Steam Families puts game sharing and parental controls in one place