On the sixth (native time), cryptocurrency specialist media Cointelegraph reported, citing Defillama information, that the buying and selling quantity of Solana (SOL)-based decentralized cryptocurrency exchanges (DEX) in the final 24 hours has surpassed the mixed quantity of Ethereum (ETH) and Base (BASE).
In line with the information, the each day buying and selling quantity of Solana-based DEXs stands at $3.8 billion, which is bigger than the mixed $1.7 billion of Ethereum and $1.2 billion of Base.
The media acknowledged, “This enhance in buying and selling quantity signifies the rising standing of the Solana community inside the DeFi sector,” and defined that “it’s rising as a powerful challenger to Ethereum.”
