🤧 Is DEX on Solana considered potential or not?
👉 Line $SOL has the highest Degen thanks to its ability to attract huge cash flow
🤧 The return of many large Narratives + Memecoin => The need for liquidity => Jupiter was immediately listed on the full exchange
👉 On Binance, Solana projects are quite favored. However, DEX only has Jupiter & Raydium; Orca is not even listed!
👉 Another DEX with quite good growth: Meteora, accounting for ~12% of DEX Volume on Solana in 24H - The remaining DEXs with smaller TVLs do not grow impressively even when cash flows into the system => Ineffective
👉 There are signs that Solana is "all in" with Raydium and Jupiter, because the DeFi segment is prioritizing the LSD and Derivatives branches instead of building new DEX. Additionally, Meteora can also be included in the watchlist
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