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Crypto

Solana DEXs Storm Past Major CEXs in Weekly Spot Volume

Guavy AI Editorial Team
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BNB SOL
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Solana's decentralized exchanges (DEXs) have taken the top spot in weekly spot volume, surpassing major centralized exchanges (CEXs), except for Binance. According to data from SolanaFloor, Solana's DEXs processed around $1.796 billion in 24-hour volume and approximately $79.476 billion over the past 30 days.

This trend reflects a growing preference for decentralized solutions within the broader cryptocurrency market. Despite a slight week-over-week decline of 3.75% in volume, Solana's DEXs have shown resilience by maintaining high levels of activity.

The robust on-chain activity on the Solana network reinforces its position as a significant player in both decentralized and centralized environments.

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