On November 21, Solana set a record with over 77,000 token projects, mostly meme coins, deployed on its blockchain, according to Step Finance.
On the same day, Solana’s trading volume hit an all-time high, generating $13.9 million in daily fees and $6.9 million in three-month revenue, per Artemis data.
Decentralized exchange (DEX) volume on Solana surpassed $7.1 billion, with total value locked (TVL) exceeding $8.8 billion.
Solana also outpaced Ethereum in DEX volume, reporting $6.76 billion compared to Ethereum’s $3.99 billion.
Over the past week, Solana’s $44.54 billion in trading volume far outpaced Ethereum’s $15.43 billion, according to DeFiLlama.
