DEX

Solana DEX Volume Plummets, Threatening SOL’s Price Stability – Is This the End of Memecoins on Solana?

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San Francisco, CA—Decentralized exchanges on the Solana blockchain are experiencing a decline in daily trading volume. Recent data from Artemis’ dashboard showed a drop in volume to $984 million on May 26th, down from over $1.5 billion just three days prior. This decline marks a significant shift from the record-high DEX volume of $60 billion in April, reflecting a cooling interest in Solana-based memecoins. The decrease in trading volume may suggest a waning enthusiasm for …

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**BNB Chain’s DEX Volume Surges Over $700 Million: Is a New Bull Run Starting?**

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(City, State) The DEX trading volume on BNB Chain has seen a significant increase, surpassing $700 million for the first time since May 2nd, as reported by Artemis data. The rise in DEX volume indicates a resurgence in user activity on BNB Chain, the cryptocurrency utilized for transactions on the network. Prior to this uptick, the DEX volume had experienced a steady decline since mid-April, failing to reach or exceed $1 billion during that period. …

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