Data: More than 60% of the incremental DEX transactions in May occurred on the Solana blockchain

Odaily2024/06/21 00:43

By:Odaily

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Odaily News According to data compiled by venture capital firm Pantera Capital, more than 60% of incremental decentralized exchange (DEX) trading in May occurred on the Solana blockchain, and Solanas share of DE X trading volume has risen from 0% at the beginning of 2021 to 24% in May 2024. The networks unique active addresses have increased from 14,000 in October 2020 to nearly 1.3 million in May 2024.

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Data: More than 60% of the incremental DEX transactions in May occurred on the Solana blockchain

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