November 27, 2023

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Solana Surpasses Bitcoin: Impact on Altcoins & DeFi Dominance

December 19, 2023

Solana exceeds Bitcoin trading volume on Coinbase, signaling a notable shift in the crypto market.

Solana Surpasses Bitcoin

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Bitcoin's rise boosts trading in Ethereum, Binance Coin, Cardano, XRP, and Dogecoin.

Positive Correlation

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Bitcoin challenges can affect Ripple, Litecoin, TIA, and ETH, while positive events benefit Polkadot, Chainlink, Uniswap, and Aave.

Negative Correlation

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No Correlation

Bitcoin's volume may not always align with other coins due to various factors.

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Solana's Last Six Months Highlights

DEX trading volume surges by 54% in a week, surpassing $3 billion.

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Solana TVL

DEX platforms have a TVL of over $2.5 billion, solidifying Solana's DeFi leadership.

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Solana's DEX Platforms

Powered by a high-performance blockchain processing over 50,000 transactions per second with low fees and latency.

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