đŸ—£Solana Outperforms Ethereum in Trading Volume for the First Time
Crypto journalist WuBlockchain reported that in July 2024, the Solana ecosystem surpassed Ethereum in trading volumes on decentralized exchanges, with $55.8 billion compared to $53.8 billion.
Colin Wu attributes this growth to the hype around meme tokens based on Solana, particularly ten meme coins with market capitalizations of up to $100 million, competing for investors’ attention.
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