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🚀 Solana Strengthens Again! DEX Volume Surges, Flipping Ethereum in Recent Days
After experiencing sluggishness due to market pressure, Solana (SOL) has once again captured the attention of the crypto community. Recent data shows that trading volume on Solana-based DEX (Decentralized Exchange) platforms has surpassed Ethereum over the past few days, according to data from DefiLlama.
📊 Solana DEX Volume (June 1-5):
June 3: $1.52 billion
June 4: $1.65 billion
June 5: $1.79 billion
Meanwhile, Ethereum recorded lower daily volumes during the same period, indicating increased interest in the Solana ecosystem.
🔍 What’s the Cause?
1. The popularity of meme coins in the Solana ecosystem like WIF and BONK has led many retail traders to switch.
2. Low gas fees and fast transactions are major attractions compared to Ethereum.
3. The launch of new DeFi projects exclusive to the Solana network.
🧠 Analysis: Is this just a temporary hype, or an early sign that Solana is ready to become the new DeFi king?
💬 What do you think? Can Solana maintain its momentum in the long term? Or is Ethereum irreplaceable?
#MyCOSTrade #TrumpVsMusk #MarketPullback #CircleIPO
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