Solana's share of decentralized exchange (DEX) volume has surged from 0% in early 2021 to over 24% by May 2024. The blockchain captured over 60% of incremental DEX volume in May 2024 alone. Notably, 92% of Solana's top DEX volume is comprised of memecoins. In a significant development, the Solana memecoin $BONK has surpassed its peer $BRETT in market cap. Additionally, Solana has surpassed $400 billion in lifetime DEX volume, with more than 20 million total traders and 1.59 billion total swaps. However, @pumpdotfun has flipped Solana in 24-hour revenue.
🚨 BREAKING: @pumpdotfun flips @solana in 24-hour Revenue. https://t.co/WAAkGIVN8J
🚨 BREAKING: @Solana has surpassed the $400 billion mark in Lifetime DEX volume. More than 20 million Total Traders and 1.59 billion Total Swaps. https://t.co/4z2PgcSP6y
🚨 BREAKING BIG: @solana surpasses $400 billion in lifetime DEX volume. ▶️ Total Traders: 20 Million+ ▶️ Total Swaps: 1.59 billion https://t.co/GAdYMYAkd0
BREAKING: SOLANA MEMECOIN $BONK (@bonk_inu) FLIPS BASE PEER $BRETT (@BasedBrett) IN MARKET CAP https://t.co/3cTKiK8wT5
92% of Solana's Top DEX volume is memecoins https://t.co/8LiFCKT0Fy
📊#Solana’s share of DEX volume has skyrocketed from 0% in early 2021 to over 24% by May 2024. The blockchain captured over 60% of incremental #DEX volume in May 2024 alone🤯 https://t.co/IAOgXCi0Mm