• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Solana's Dominance in Crypto Volumes and Innovations

user avatar

by Giorgi Kostiuk

3 months ago


In 2024, Solana has drawn attention with its impressive metrics, exceeding Ethereum and Base. The article highlights key stats and success factors for the blockchain.

Solana vs Ethereum: A Dominance in Numbers

With nearly $3.8 billion traded within 24 hours on its DEX platforms, Solana far surpasses the combined volume of Ethereum ($1.7 billion) and Base ($1.2 billion). Additionally, Solana's total value locked (TVL) has increased from $1.4 billion to $9.5 billion in one year, a fivefold increase according to DefiLlama.

Why Crypto Traders Love Solana

Solana's success can be explained by its low fees, fast transactions, and active community. These factors make it attractive for traders interested in memecoins and AI-related tokens.

Speculations surrounding memecoins and AI agent tokens attract new investors to the Solana ecosystem.Grayscale Research

Innovations and the Future of Solana

Solana not only excels in numbers but also innovates with advancements like its new shield against quantum threats. These efforts establish it as a significant player in the Web3 world.

Solana is solidifying its position as a leading blockchain platform through high trading volumes and innovation. It has the potential to become a key player in the market in the future.

0

Share

Other news

Kraken Advances in Canada for Cryptocurrency Operations

Kraken successfully registers in Canada, adhering to regulatory standards for crypto operations.

user avatarGiorgi Kostiuk

10 minutes ago

Growth Potential of MAGACOINFINANCE and Its Appeal to Investors

MAGACOINFINANCE attracts attention with significant growth potential and 2025 prospects.

user avatarGiorgi Kostiuk

20 minutes ago

Nasdaq Volatility and Tech Giants: 'Mag7' Impact Analysis

An article on 'Mag7' tech companies' impact on Nasdaq volatility and the role of corrections in preventing financial crises.

user avatarGiorgi Kostiuk

20 minutes ago

Holder Profitability Declines for XRP, Solana, Dogecoin Despite Market Cap Growth

Surprising drop in holder profitability for XRP, Solana, and Dogecoin despite growth in crypto market capitalization.

user avatarGiorgi Kostiuk

30 minutes ago

Impact of Tariffs on Economic Growth and Inflation: New Challenges

Tariffs slow the economy and increase inflation, posing stagflation risks.

user avatarGiorgi Kostiuk

30 minutes ago

Blackrock and Galaxy Digital Strengthen Positions in the UK Crypto Market

Blackrock and Galaxy Digital bolster their roles in the UK cryptocurrency sector with new licenses and growth strategies.

user avatarGiorgi Kostiuk

30 minutes ago

dapp expert logo
© 2020-2025. DappExpert. All rights reserved.
© 2020-2025. DappExpert. All rights reserved.

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.