Solana's Average Daily Spot DEX Volume Soars to $1.5 Billion in Q1 2024

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Solana,DEX,Q1 2024

Solana's average daily spot DEX volume skyrocketed by 319% to $1.5 billion in Q1 2024, driven by meme coin trading and increased activity in the ecosystem.

Solana's average daily spot DEX volume on the rise, reaching $1.5 billion in Q1 2024, according to Messari's report. Meme coin trading played a significant role in the increase, as Solana experienced growth in its ecosystem and developer interest.

 

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