Stablecoins Dominate Solana DEX Volume
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As meme coin activity declined, stablecoins surged, now making up nearly 80% of DEX volume—one of the highest readings in 2+ years.
Traders are prioritizing deeper liquidity and lower volatility amid a challenging market.
On-chain activity remains healthy, with over 11M active addresses, showing that the network is still widely used.
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Stablecoins taking over Solana DEX volume shows how active the ecosystem has become.