PANews on February 3 reported that, according to data from The Block, Raydium processed 27% of DEX trading volume in January, surpassing Uniswap, becoming the platform with the largest DEX trading volume. At the same time, Raydium's market share increased from 18.8% in December to 27.1% in January, while Uniswap decreased from 34.5% in December to 22% in January.

Additionally, data from The Block shows that since October 2024, DEX trading volume on Solana has surpassed Ethereum, primarily due to the strong increase in trading volume on Raydium. And in January of this year, DEX trading volume on Solana surged, which may be related to Mr. Trump's official launch of the MEME coin, which processed transactions five times that of Ethereum in just one week.