Solana DEXs surpass major CEXs in weekly spot volume, second only to Binance

https://www.behance.net/gallery/138275091/Solana-Logo-redesign Solana’s decentralized exchanges (DEXs) have continued to outperform several major centralized exchanges (CEXs) in weekly spot volume, trailing only Binance for the fourth consecutive week. According to data shared by SolanaFloor, Solana’s DEXs have maintained their strong competitive position against well-known platforms such as Bybit, Coinbase, and Kraken. This development highlights the robust on-chain activity on the Solana network, reinforcing its position as a significant player in both decentralized and centralized environments. Recent data from DeFi analytics platform DefiLlama indicates that Solana’s DEXs processed approximately $1.796 billion in 24-hour volume and $79.476 billion over the past 30 days. Despite a slight week-over-week decline of 3.75% in volume, Solana’s DEXs have shown resilience by maintaining high levels of activity. This trend reflects the growing preference for decentralized solutions within the broader cryptocurrency market. Market pricing for Solana-related predictions suggests that participants view this ongoing trend as potentially supportive of Solana’s future market performance, part...