Solana Was Last Week’s Most Bought On-Chain Token by Volume

The post says Solana surpassed Ethereum and BNB in weekly on-chain buying volume, excluding the dollar-pegged stablecoins USDC and USDT.

ETH
USDT
BNB

Summary

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Terms & Concepts
  • On-chain volume: The amount of activity recorded directly on a blockchain network, often used to track token transfers and trading demand.
  • Stablecoin: A cryptocurrency designed to maintain a stable value, often pegged to a fiat currency such as the U.S. dollar.
  • USDC and USDT: Two major U.S. dollar-pegged stablecoins commonly used for trading, payments, and moving liquidity across crypto markets.