DeFi Reshaping Landscape: Solana’s Decline and Mutuum Finance’s Rise

Solana, once a dominant force in decentralized finance (DeFi), is witnessing a decline in its market share. Recent data shows a 38% drop in trading volume for the platform’s DEXs in just one week, marking the fifth consecutive week of decline. Top Solana-based DEXs like Raydium and Orca are also experiencing significant volume drops, highlighting a shift in the DeFi landscape. However, emerging contender Mutuum Finance (MUTM) is attracting attention as it seeks to redefine the DeFi arena. 💰