Solana’s DEXs achieved a trading volume of 107,865 billion dollars, surpassing both Binance Smart Chain’s 91,444 billion dollars and Ethereum’s 84,168 billion dollars. This showcases Solana’s dominance in the market, even topping Ethereum. November’s volumes were even higher at 129,736 billion dollars.
Despite the trading success, Solana’s native coin, SOL, saw a 20 percent drop over the last 30 days. The total value locked in Solana’s ecosystem grew to 9.1 billion dollars, highlighting investor confidence, contrasting with the decline in active wallets and SOL’s market price.