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The Unique Way the Solana (SOL) Trading Ecosystem Is Making Bank

Altszn.com by Altszn.com
November 9, 2024
in Blockchain, Crypto, DeFi, Web3
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The Unique Way the Solana (SOL) Trading Ecosystem Is Making Bank
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By the numbers: Tether’s USDT and Circle’s USDC stablecoins have produced $93 million and $28 million in revenue, respectively, in the last seven days, according to DefiLlama data, while the Ethereum, Tron and Solana networks saw $19 million, $11 million and $9.6 million. Solana-based protocols and trading bots, meanwhile, are right behind. Trading bot platform Photon and memecoin powerhouse pump.fun have both generated over $6 million in the last seven days, exceeding Ethereum-based decentralized finance, or DeFi, heavyweights such as Maker, Lido or Aave in terms of revenue.

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Read More: www.coindesk.com

Tags: bankDeFiEcosystemmakingSOLSolanaTradingUnique
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