Solana DEX Volumes Surpass Major Centralized Exchanges for Ninth Consecutive Week
Solana's decentralized exchanges (DEXs) have dominated major centralized exchanges for nine consecutive weeks, according to recent data. Solana's DEX volumes surpassed those of Bybit, Coinbase, and Kraken, ranking second only to Binance.
This sustained high volume is a testament to Solana's growing role in the crypto market and increasing user adoption and ecosystem activity.
Despite this momentum, Solana's price remains between $95 and $101, with low odds of reaching $160 by August. This cautious market sentiment may be due to recent fluctuations in the market.