Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesCopyBotsEarn
Ethernet maintains 35% share of DEX market as rivals like Solana accelerate to catch up

Ethernet maintains 35% share of DEX market as rivals like Solana accelerate to catch up

Bitget2024/09/14 22:30

According to IntoTheBlock, ethereum (ETH) continues to dominate decentralized exchanges (DEX) with nearly 35% market share. Despite the recent pressure on Ether prices, its network activity and adoption in the DeFi space remains strong. Meanwhile, blockchain networks such as Solana, Arbitrum and BNB Chain are growing rapidly and gradually challenging Ether's market position. Among them, Solana has seen a significant rise in transaction volumes, demonstrating its growing importance in the DEX market.Arbitrum and BNB Chain are also boosting their market share, reflecting the increasing competition in the DeFi space.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!