BREAKING

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

ETH

ETH/USDT

$1,708.39
+0.30%
24h Volume

$6,699,971,190.32

24h H/L

$1,719.51 / $1,679.11

Change: $40.40 (2.41%)

Long/Short
71.7%
Long: 71.7%Short: 28.3%
Funding Rate

+0.0010%

Longs pay

Data provided by COINOTAG DATALive data
Ethereum
Ethereum
Daily

$1,702.55

-0.50%

Volume (24h): -

Resistance Levels
Resistance 3$1,825.33
Resistance 2$1,762.53
Resistance 1$1,711.03
Price$1,702.55
Support 1$1,681.23
Support 2$1,616.86
Support 3$1,505.86
Pivot (PP):$1,700.39
Trend:Downtrend
RSI (14):38.0

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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