Recent statistics reveal that in the last week, decentralized exchange (dex) platforms built on Solana have surpassed Ethereum in market performance. Data indicates that Solana-based dex platforms achieved a volume of $ 1.447 billion in the past day, overshadowing the $ 1.282 billion recorded by Ethereum trading platforms. Solana Surges Past Ethereum …
Farzam Ehsani, the founder and CEO of the South African crypto exchange Valr, has stated that institutional traders account for the bulk of the African continent’s crypto trading volumes. To support this point, Ehsani referred to Valr’s largest volumes which he said “are executed via our API by institutional traders deploying a host of programmatic […]
After experiencing a slump in September, with a trading volume of $ 30.22 billion, decentralized exchange (dex) activity saw a surge in October, climbing by over 32% to $ 39.98 billion. The momentum in dex trade volume has been consistent in November, with the past week alone accounting for $ 15 billion …
After capturing $ 66.5 billion in May, decentralized exchange (dex) trade volumes have fallen for four consecutive months, with August statistics reaching a 2023 low of $ 41.7 billion. Metrics for the first half of September do not show improvement, with decentralized exchange trade volumes at about $ 16.96 billion as of …
The Nigerian central bank has said it is amending the model of its central bank digital currency and is hopeful that such an exercise will result in “an increase in the volume and activity of wallet holders.” According to the acting governor, the central bank is also working towards making the forex market more “efficient […]