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Solana DEX Volume Rises, Heaping Pressure on Coinbase and Kraken
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Solana DEX Volume Rises, Heaping Pressure on Coinbase and Kraken
Solana-based decentralized exchanges posted $1.31 billion in 24-hour volume and $9.92 billion over seven days, surpassing Coinbase and Kraken in weekly spot trading and drawing integration moves from both exchanges, but Galaxy warns Solana’s activity is heavily tied to speculative trading cycles and memecoins, making future volume sustainability a key investor risk. The post Solana DEX Volume Rises, Heaping Pressure on Coinbase and Kraken appear…
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