SOLANA is currently dominating the decentralized exchange (DEX) market in the retail business, accounting for 48 % of the total DEX volume.
In fact, almost 60 % of this activity is driven by a recent OKX report shared with Cryptopotato, and is driven by MEME Coin Platform Pump.fun, a popular Solana base.
Sorana vs. Esarariam
SOLANA leads the overall transaction volume, but EtherEum and its layer 2 networks, especially in high value trading bases, in particular. Regarding the quality of the liquidity pool, Ethereum continues to hold 10 of the top 20 positions, followed by five basses, two Arbitrum and BINANCE Smart chain (BSC), respectively, and Solana secures one spot. 。
This data from Crypto Exchange emphasizes the strength of Solana in retail transactions, despite the good choice of Ethereum for large transactions and deep fluid pools.
Commenting on the report on the report, Jason Lau, the chief innovation manager of OKX, stated.
“The decentralized exchange is the lifeline of the on -fin economy, and the core spirit of the cipher through the unaccepted, independent, community -led nature. Our survey results are the results of our survey. The activity has recently reached the highest price of DEX.
Distributed derivatives have gained traction to introduce AppChain Innovations for platforms such as HyperLique and DYDX to achieve intensive replacement performance. Although the amount of spot transactions on distributed exchanges still exceeds 10 times the derivative, these progress emphasizes major changes in the market.
At the same time, conventional yielding equipment (TRADFI) has expanded to DEFI because the token -ized Ministry of Finance invoice (T building) and basic trading assets such as USDE and USR have emerged as a basic currency of yield. I am doing it. According to OKX, this development provides new opportunities to traders and “fundamentally changes the derivative landscape” by increasing capital efficiency in the Defi market.
Asia is leading the developer war
In terms of population statistics, Asia has emerged as a major hub in blockchain development, and 32 % of industry developers exceed Europe and North America. OKX discovered that the preference for builders indicates Ethereum as a dominant platform, and that it will attract 20.8 % of developers. Next was Solana, a bass of 11.2 %, and earned 10.7 % of the developers.
In addition, artificial intelligence (AI) integration is the main focus, accounting for almost 34 % of developer activities. As a result, it exceeded 20.1 % and 14.2 %, including blockchain infrastructure and distributed finance.
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