Solana ecological meme currency Slerf’s first-day trading volume exceeded all Ethereum-based DEXs
According to PANews, CoinDesk reported that the Solana ecosystem meme coin Slerf had a trading volume on its first day of launch that exceeded all Ethereum-based exchanges. Data from DEXScreener shows that the sloth-themed token Slerf had a trading volume of over $2.7 billion in the past 24 hours, including 800,000 transactions from 130,000 individual traders. Over $1.7 billion of these transactions were conducted through the Solana ecosystem DEX Raydium.
In comparison, DefiLlama data shows that decentralized finance applications on Ethereum accumulated a total processing volume of $2.3 billion, which represents all transactions settled on the Ethereum blockchain such as those from trading, lending, and borrowing applications.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
New York Federal Reserve Survey: Service Sector Price Increases Hit Fastest Pace Since 2022, Business Activity Index Drops to Lowest Since March
A survey released by the New York Fed on Friday shows that in October, sales prices for service sector firms increased at the fastest pace since 2022, with input costs remaining robust and supply conditions continuing to deteriorate. Businesses’ pessimism about the commercial outlook has significantly intensified, with the overall business activity index falling by 12 points from the previous month to minus 20.7, marking the weakest reading since March.
Raoul Pal Holds Bitcoin, Solana and Ethereum, but Calls One Wildly Undervalued
Ethos Technologies President Wang Lingke Reports Sale of $4.54 Million in Common Shares
Exclusive report - Boeing memorandum says sales chief McMullen will retire
Crypto prices
More
