Solana Leads All Blockchains in DEX Volume for 33 Straight Weeks
The update says Solana remained the top network by decentralized exchange (peer-to-peer crypto trading platform) volume even as weekly activity fell to its lowest level of the year.
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Terms & Concepts
DEX: A decentralized exchange is a blockchain-based trading platform that lets users swap tokens directly without a traditional intermediary.
DEX volume: This measures the total value of trades processed on decentralized exchanges over a given period.
Blockchain: A blockchain is a distributed digital ledger that records transactions across a network of computers.