
Solana has achieved significant milestones in the cryptocurrency space, recording its highest-ever monthly decentralized exchange (DEX) volume, surpassing $52 billion for the first time. This achievement comes amid back-to-back weeks of $20 billion DEX volumes, showcasing a notable increase in capital efficiency compared to Ethereum, despite Solana having a fraction of Ethereum's total value locked (TVL). Additionally, Solana's native marketplace, MagicEden, continues to lead in user adoption across all chains. Over the past 24 hours, $SOL-PERPs volume exceeded $460 million on JupiterExchange. In the realm of stablecoins, Solana has outpaced Ethereum with a weekly transfer volume of $364.7 billion, significantly higher than Ethereum's $152.99 billion. This surge has contributed to Solana's stablecoin volume reaching $854 billion in March, marking a 1900% increase in just six months. Furthermore, over 1.09 million wallets interacted with the Solana ecosystem in the past 24 hours, indicating a 17.1% growth and the addition of 160,549 new wallets.

Fun fact: Solana's monthly DEX volume surpasses $50B for the first time in its history.
🚨 REPORT: Over 1.09 million wallets interacted with @solana Ecosystem over the past 24 hours. Growth: 17.1% New Wallets: 160,549 https://t.co/6nfuu2hvnq
🚨 REPORT: Over 1.09 million wallets interacted with @solana Network over the past 24 hours. Growth: 17.1% New Wallets: 160,549 https://t.co/pZovwRrVgN