The daily trading volume of DEX on the Ethereum chain exceeds 1.2 billion US dollars, and the DEX on the Solana chain ranks second with 554 million U
According to DeFiLlama data, the trading volume of Ethereum-based DEX on January 25th was 1.252 billion US dollars, ranking first. Solana-based DEX daily trading volume exceeded 554 million US dollars, ranking second. Arbitrum-based DEX daily trading volume exceeded 495 million US dollars, ranking third.
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Some expect a Solana ETF to be approved by the end of the year thanks to a pro-crypto Trump Administration.Defining if Solana will be classified as a commodity or security will play a major role in the ETF approval process.JPMorgan analysts projected that Solana ETFs could bring in between $2.7 billion and $5.2 billion, cumulatively, during their first months of trading.
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