Solana DEX Volume Surpasses $64 Billion in 7 Days as Firedancer Validator Client Rolls Out
Decentralized exchange (DEX) trading volume across the Solana blockchain surpassed $64.2 billion over the past 7 days, outpacing all Layer 1 competitors combined. The network milestone coincides with the phased production rollout of Firedancer, an independent C++ validator client developed by Jump Crypto capable of processing over 600,000 transactions per second in test environments.
- Solana weekly DEX volume hit $64.2 billion, capturing 46.8% of aggregate on-chain trading turnover.
- Firedancer validator client activation reached 38% stake participation across mainnet validators.
- Active daily transacting addresses on Solana averaged 3.4 million, establishing a new network high.
- Raydium, Orca, and Phoenix captured over 82% of all spot decentralized trading volume on the chain.
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