Solana DeFi Market Booms: 129.81% Trading Volume Surge & Market Domination

Solana’s decentralized finance (DeFi) market is experiencing explosive growth, surging by an impressive 129.81% in trading volume. This significant increase has propelled Solana to the forefront of DEX activity and established it as a dominant player in the DeFi space. Stablecoins are playing a crucial role in fueling this surge, particularly USDC’s 77% market share. Institutional investors are also driving this growth.