
DeFi landscape shifts as Solana dethrones Ethereum in trading volume
Solana leads the DeFi market with robust activity, overshadowing Ethereum's longstanding dominance.

Solana leads the DeFi market with robust activity, overshadowing Ethereum's longstanding dominance.

Polkadot was the only top 20 digital asset that recorded a modest gain during the reporting period.

Last week, the blockchain network secured new partnerships in drive-to-earn and street mapping sectors.

Pantera Capital's Solana bet is proving profitable as the firm attributed its Liquid Token fund growth to the digital asset.

Institutional investors cite regulatory issues and votality as significant barriers to entry to the asset class.

FTX's management previous discounted sales of the Solana tokens had attracted criticisms from creditors.

Understanding stablecoin distribution helps predict trends and bottlenecks in DeFi liquidity.

Solana developers said the update is the first in a series aimed at addressing the network's congestion issues.

Solana's ongoing network congestion has been tied to an implementation bug.

With a 75.68% failure rate in non-vote transactions, Solana confronts operational challenges in the DeFi landscape.

The SOL will be locked for four years and cannot be sold.

Trading bots have been blamed for Solana's rising transaction failure rates.