#Solana DEX Trading Volume Breaks Record#
Hot Topic Overview
Overview
Solana DEX trading volume has recently continued to break historical highs. Trading volume this month has surpassed $158 billion, breaking the record set by BNB Chain in May 2021, becoming the first blockchain with monthly trading volume exceeding $150 billion. January's trading volume also hit a new high of over $163 million, surpassing BSC's record in May 2021. Recently, Solana DEX daily trading volume has continued to hit new highs, reaching $28.2 billion yesterday and $39.2 billion today. Despite this, congestion issues on the Solana chain persist, resulting in some DEX transactions failing. Trading platforms like Bybit are working to improve the Solana chain's infrastructure to increase on-chain transaction success rates.
Ace Hot Topic Analysis
Analysis
Solana DEX trading volume has been consistently breaking historical highs recently. This month, the trading volume has exceeded $158 billion, surpassing the $140 billion record set by BNB Chain in May 2021, making it the first blockchain to reach over $150 billion in monthly DEX trading volume. In particular, January's trading volume hit a record high of over $163 billion, exceeding BSC's historical record in May 2021. Recently, Solana DEX daily trading volume has also been hitting new highs. On February 19, the trading volume reached $392 billion, with $12 billion in Trump family token trading, $129 billion in SOL-USD trading, and $1.5 billion in stablecoin exchange transactions. Despite congestion on the Solana chain due to high trading volume, leading to some DEX transaction failures, exchanges like Bybit are working to improve their SOL chain infrastructure to increase the success rate of on-chain transactions.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Solana DEX trading volume continues to reach new highs, breaking historical records.
Solana DEX trading volume is growing rapidly, surpassing $150 billion in just 20 days, becoming the first blockchain to achieve this milestone.
The high growth of Solana DEX trading volume is related to the surge in trading volume of the Trump family token.
Congestion issues on the Solana chain have led to an increase in DEX transaction failure rates, requiring further infrastructure optimization.