Solana Leads 24-Hour DEX Volume With $4.15 Billion
Forecast Trend Report by Period
Solana posted the highest 24-hour decentralized exchange, or DEX, trading volume among blockchain networks.
Cointelegraph wrote in a post on X on July 14 that Solana ranked first with $4.15 billion in 24-hour DEX volume.
A DEX is trading infrastructure that allows users to swap tokens directly on a blockchain without using a centralized exchange.
BNB Chain and Robinhood Chain ranked behind Solana, Cointelegraph said.
Robinhood Chain had previously drawn market attention after reports that it had overtaken Solana in daily DEX volume. In the latest tally, however, Solana moved back into the top spot.
The market is watching whether competition for DEX liquidity among Solana, BNB Chain and Robinhood Chain will continue as demand for memecoins and on-chain trading persists.
