Foreign token volume on Solana reaches 8% of monthly spot DEX volume in May

Foreign token trading on Solana rose to a record 8% of the network’s monthly spot DEX volume in May, highlighting the blockchain’s growing role as a venue for tokens associated with other ecosystems. Solana also became one of the top places to trade ZEC and HYPE. In HYPE, the network ranked third by 24-hour spot volume with $163 million in DEX activity, exceeding volumes on Coinbase and OKX, according to the report.

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Foreign token volume on Solana reaches 8% of monthly spot DEX volume in May - CoinPost Terminal