Solana DEXs Lead with 210M Transactions in 30 Days

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DEXs on the Solana blockchain have outperformed their rivals, recording 210 million transactions over the past 30 days. This reflects Solana’s significant role in the DeFi ecosystem and its capacity to handle high-volume transactions efficiently. Solana led with 210 million transactions, BNB Chain recorded 29 million, and Arbitrum had 13 million. Ethereum, a major DeFi player, managed only 6.7 million transactions. Solana’s DEXs also witnessed a remarkable total volume of $47.75 billion and over 11 million unique traders. Raydium emerged as a key player, with an average weekly trading volume of approximately $5 million.