Solana DEX transaction volume exceeded Ethereum by 268% in January

Odaily Planet Daily News According to data compiled by The Block, the craze caused by Original Trump (TRUMP) has boosted the usage of Solana decentralized exchange (DEX). In January, Solana DEX's trading volume reached an unprecedented 268% compared with Ethereum, compared with only 53% in the same period last year. Solana processed $122 billion in trading volume, compared with Ethereum's $45 billion. Among them, Raydium led the Solana ecosystem with a weekly trading volume of $32 billion, followed by Orca with a trading volume of $17 billion. In contrast, Uniswap on Ethereum processed $20 billion in trading volume during the same period. The Block analysts said that Solana's growth momentum was driven by the Solana network's improved transaction processing efficiency, reduced network downtime, a DEX interface that focuses more on user experience, the integration of the Jupiter aggregator, and growing institutional infrastructure support.