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Solana, a blockchain platform, has been making significant strides in the decentralized exchange (DEX) space, surpassing Ethereum and other chains in various trading volume metrics. Solana-based RaydiumProtocol has flipped Uniswap in trading volume and surpassed Ethereum in fee generation. Solana's dominance is evident in daily, weekly, and 7-day DEX volumes, with a market share reaching 27%.
NEWS: Solana Threatens to Flip Ethereum Monthly DEX Volume For the First Time Ever https://t.co/FuJWlm9CXU
🚨JUST IN: Solana-based @RaydiumProtocol continues to be the No.1 DEX across all chains in 24H volume. https://t.co/MVqqlB28ZY
🚨Breaking: Solana continues to dominate Ethereum and other chains in daily and weekly DEX volume for 4th straight day. Solana's DEX market dominance also reached 27%. https://t.co/zd0xPYQsNR