DeFi· ★★· bearish·

Solana Handles 38% of Spot DEX Trading, Yet SOL Keeps Falling

  • —Solana's share of spot DEX trading stands at 38%
  • —SOL price continues to decline despite the volume
  • —Analysts look for reasons behind the divergence
Why it matters: The gap between DEX volumes and SOL's price shows network activity does not always translate into token gains.
Source: Google News (crypto query)