Solana DEX Volume Reaches 268% of Ethereum’s in January with $122B Processed

Quick Summary:

Solana’s decentralized exchange (DEX) ecosystem has achieved remarkable growth in January, with its volume ratio compared to Ethereum skyrocketing to 268%, a significant leap from 53% during the same period last year.

According to The Block, Solana processed $122 billion in transactions so far this month, far surpassing Ethereum’s $45 billion.

With $122 billion processed in January, Solana has demonstrated its ability to handle high transaction volumes efficiently, driven by platforms like Raydium.

---

More Pictures

---

Read Quick SummarySave Time

or

Article Details

Author / Journalist: Editor Team

Category: Crypto

Markets: India

Topics: Solana DEX Volume vs Ethereum Solana DEX Crypto News

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-23 @ 16:17:58 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: bitcoinworld.co.in

Language: English

Article Length: 490 words

Reading Time: 3 minutes read

Sentences: 28 lines

Sentence Length: 18 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © BitcoinWorld

News ID: 25373929

View Article Analysis

About BitcoinWorld

Main Topics: Crypto

Official Website: bitcoinworld.co.in

Update Frequency: 34 posts per day

Year Established: 2020

Headquarters: India

News Last Updated: 10 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #121

Publisher Details

Frequently Asked Questions