Data: Solana's average daily DEX transaction volume has remained above 6 billion US dollars over the past week, accounting for 45% of the market share
According to Cointelegraph, data shows that over the past week, Solana's daily average DEX transaction volume has remained above $6 billion, accounting for 45% of the entire market. The transaction volumes of all other blockchains in the top ten have significantly decreased except for Solana. In addition, the total value locked (TVL) in the Solana network reached $9.2 billion, a 73% advantage over BNB Chain which holds assets worth $5.3 billion.
Another report by DappRadar states that in the past seven days there were 29.3 million unique active addresses interacting with DApps on Solana. In comparison, Near had 9.6 million addresses, opBNB had 7.8 million addresses and Base had 4.6 million addresses. SOL futures funding rate peaked at about 4.2% on November 22nd and this indicator has been stable at around 2.4% per month for long positions, slightly higher than neutral point.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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