Just took a look at the $SOL DEX activity and it's wild how much things have changed from a year ago. The whole flow on Solana is looking really different these days.
It wasn't that long ago that memecoins were driving more than half of the aggregate volume on these exchanges. Now, that figure has dropped significantly to just about 7%.
Instead, stablecoin-related swaps, involving assets like $USDC and $USDT, are absolutely dominating the landscape, making up nearly 80% of all combined volume. Quite a shift in focus for the ecosystem.
#Solana #DEX #CryptoTrends #Stablecoins