BREAKING
453d 0h ago

Solana Achieves All-Time High with 42.46% Daily Trading Volume Market Share on On-Chain DEX

SOL

SOL/USDT

$88.53
+2.64%
24h Volume

$3,875,175,794.90

24h H/L

$89.20 / $86.02

Change: $3.18 (3.70%)

Long/Short
76.5%
Long: 76.5%Short: 23.5%
Funding Rate

-0.0160%

Shorts pay

Data provided by COINOTAG DATALive data
Solana
Solana
Daily

$88.49

1.03%

Volume (24h): -

Resistance Levels
Resistance 3$113.8728
Resistance 2$100.5725
Resistance 1$93.5288
Price$88.49
Support 1$87.525
Support 2$81.3658
Support 3$67.50
Pivot (PP):$87.9733
Trend:Downtrend
RSI (14):30.8

According to COINOTAG News on November 14th, Solana has achieved a significant milestone in the decentralized exchange (DEX) sector. The daily trading volume for Solana’s on-chain DEX has surged to a remarkable 42.46%, representing an all-time high that solidifies its leadership position. In contrast, Ethereum follows as the second-largest player with a trading volume market share of 17.45%, and BNB Chain secures the third position with a 12.58% share. This trend underscores Solana’s growing dominance in the thriving realm of decentralized finance (DeFi) and indicates an increasing preference among traders for Solana-based platforms. As investors closely monitor these dynamisms, the implications for future trading strategies and platform evolution remain significant.

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