According to a report from COINOTAG dated October 29, Solana has achieved a remarkable milestone by leading all blockchains in weekly decentralized exchange (DEX) trading volume for three consecutive weeks. Recent data from Defillama indicates that Solana recorded an impressive trading volume of $15.736 billion over the past week, which constitutes 27.7% of the overall trading activity across multiple blockchains. In contrast, Ethereum ranks second with a trading volume of $8.833 billion, representing 18.39% of the market. The Base Chain follows closely behind, securing third place with a trading volume of $7.314 billion, amounting to 17.66%. This ongoing trend highlights Solana’s growing dominance in the decentralized finance (DeFi) sector, further solidifying its position among leading blockchain platforms.
Source: https://en.coinotag.com/breakingnews/solana-dominates-weekly-dex-trading-volume-surpassing-15-7-billion-for-three-consecutive-weeks/