Data: More than 60% of the incremental DEX transactions in May occurred on the Solana blockchain

Odaily News According to data compiled by venture capital firm Pantera Capital, more than 60% of incremental decentralized exchange (DEX) trading in May occurred on the Solana blockchain, and Solanas share of DEX trading volume has risen from 0% at the beginning of 2021 to 24% in May 2024. The networks unique active addresses have increased from 14,000 in October 2020 to nearly 1.3 million in May 2024.