Solana ranks second in weekly DEX spot volume for 14th straight week, behind only Binance
- —Solana DEX spot volume hit $12.63 billion for the week ending Oct. 23
- —That is down from $13.61 billion the prior week
- —Solana has outpaced Bybit, Coinbase and Kraken for 14 straight weeks
- —Only Binance ranks higher
Why it matters: Sustained on-chain volume underscores demand for Solana's DeFi ecosystem, though the weekly decline points to cooling activity.
Source: Crypto Briefing