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Solana DEX transaction volume surges, weekly active addresses reach 2 million

The Block data shows that Solana DEX transaction volume has surged, with weekly active addresses reaching 2 million. Solana Ethereum DEX transaction volume ratio hit an all-time high of 136%, a shift that could indicate that Solana's DEX ecosystem has now surpassed Ethereum in terms of transaction activity. Raydium, one of the largest DEXs on the Solana chain, reported a high transaction volume of $24 billion.