Solana Ranks Second in Weekly DEX Spot Volume for 14th Consecutive Week

Solana ranked second in weekly decentralized exchange (DEX) spot volume for a 14th consecutive week, behind Binance, with $12.63 billion through Friday, Oct. 23. That total was down from $13.61 billion a week earlier. The ranking also put Solana ahead of Bybit, Coinbase and Kraken. A separate comparison of Solana's DEX volume with layer-1 and layer-2 networks showed Solana leading both categories for five consecutive weeks. That comparison focused on blockchain networks; the current ranking places Solana behind Binance and ahead of the three named exchanges. Enna Lee reports on investing and digital-asset markets for TokenPost.