DEX Volumes Fall in August, Ethereum Leads
Decentralized exchange (DEX) volumes fell in August, with Ethereum maintaining its lead among blockchain networks. Meanwhile, centralized exchanges (CEX) saw a slight increase in trading activity.
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Solana’s NFT Boom Amid Declining DEX Volumes: SOL Impact
Solana has experienced a surge in NFT trading volumes, outpacing Bitcoin and Ethereum, while decentralized exchange (DEX) volumes on the network continue to decline, potentially affecting the market performance of SOL, the native cryptocurrency.
Jupiter Bolsters Mobile Expansion with Ultimate Wallet Acquisition
Solana decentralized exchange aggregator Jupiter has acquired Ultimate Wallet, a self-custody crypto wallet firm, as part of its strategy to enhance mobile capabilities and attract millions of new users.
Solana Meme Coins Drive Surge in DEX Trading Volumes
Solana’s decentralized exchanges (DEXs) have witnessed a significant surge in trading volumes, outperforming competitors like Uniswap and PancakeSwap, fueled by the rise of meme coins like Slerf on the Solana network.