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Solana Surpasses Binance, Bybit Combined in $SOL Trading Volume
Solana, a cutting-edge L1 blockchain for scalable, low-cost, and fast transfers, has gained a landmark achievement. In this respect, Solana has surpassed Bybit and Binance in terms of on-chain trading. As per Kaviish, a prominent data analyst at Artemis, Solana has emerged as a resilient liquidity layer. Thus, the trading volume of Solana’s $SOL-$USD has reportedly Bybit and Binance’s combined trading volume. This has been noted despite decline in Solana trader count. Based on the market data, Solana has successfully outcompeted Bybit and Binance when it comes to on-chain trading. Particularly, the $SOL-$USD ... (full story)
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