BREAKING

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

ETH

ETH/USDT

$1,921.08
+2.39%
24h Volume

$12,942,180,979.74

24h H/L

$1,929.67 / $1,856.88

Change: $72.79 (3.92%)

Long/Short
61.6%
Long: 61.6%Short: 38.5%
Funding Rate

+0.0039%

Longs pay

Data provided by COINOTAG DATALive data
Ethereum
Ethereum
Daily

$1,920.95

-0.07%

Volume (24h): -

Resistance Levels
Resistance 3$2,063.38
Resistance 2$1,980.90
Resistance 1$1,934.28
Price$1,920.95
Support 1$1,914.59
Support 2$1,875.18
Support 3$1,610.34
Pivot (PP):$1,902.93
Trend:Uptrend
RSI (14):58.1

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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