Solana (SOL) blockchain DEX volume is currently at an all-time high. The entire 24-hour DEX volume in Solana has exceeded the $3.5 billion level. This surge forms part of the trend that the cryptocurrency market has been experiencing recently, with notable growth in a short period. Data from DeFi data aggregator DeFi Llama shows that Solana weekly DEX volume reached over $13.3 billion on Saturday. This milestone is a sign of the increasing importance of blockchain in the decentralized finance (DeFi) sector.
A significant increase in the worth of a few Solana-based meme coins accompanies this growth in DEX volume. Some coins like Bonk and Dogwifhat (WIF) have been noticed and appreciated for the last week. Additionally, Book of Meme ($BOME) has seen a huge increase, going up by more than 250% after it was listed on the Binance cryptocurrency exchange. Therefore, such advancements point to a broader understanding of meme coins and the consciousness of meme coins in the crypto community.
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