Solana Makes History: Surpasses $200 Billion in Monthly DEX Volume, Flips Ethereum

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Solana has solidified its position at the forefront of decentralized finance and is now the first blockchain to exceed $200 billion in monthly trading volume on decentralized exchanges. This achievement, which was reported by DefiLlama, is a watershed moment in the history of blockchains. Moreover, for the first time, Solana has outpaced not only Ethereum but also Ethereum’s Layer 2 networks combined in terms of monthly decentralized exchange volume. To be sure, Solana remains a growing force to be reckoned with in the decentralized finance space. Factors Behind Solana’s Massive Surge in DEX Volume This groundbreaking achievement stems from a

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