Solana Q1 Status Report: Average daily spot DEX trading volume increased 319% month-on-month to $1.5 billion
Messari released Solana’s 2024 Q1 status report. Solana’s average daily spot DEX trading volume increased by 319% month-on-month to US$1.5 billion. Solana has become the primary venue for retail users and memecoin traders. Projects built primarily on Solana raised $89.2 million in the first quarter, $2.5 million more than the total raised in all of 2023.
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
Global Forex and Fixed Income Roundup: Market Talk
Japanese Yen flattens against US Dollar in countdown to Jackson Hole Symposium
"Big Short" Michael Burry Buys Nvidia Call Options as a Hedge While Increasing Short Positions
Burry disclosed on the social platform Substack that prior to Nvidia's earnings report, he bought call options with a strike price of $200 expiring in December (comprising 3.5%-4% of his portfolio), but emphasized that this was only to "hedge his short exposure" rather than a bullish bet. He believes Nvidia’s monopoly advantage is difficult to sustain and that AI capital expenditures will squeeze returns. Currently, his short positions in Nvidia, Oracle, and several other stocks have exceeded 21% of his investment portfolio.
KiiChain Integrates TRON to Expand 24/7 On-Chain FX and Stablecoin Payments
Crypto prices
More
