Risk Disclosure: This website's content is not investment advice and offers no trading guidance or related services. Per regulations from the PBOC and other authorities, users must be aware of virtual currency risks. Contact us / [email protected] ICP License: 琼ICP备2022009338号
TechFlow news, Matrixport released a report stating that Solana has been the primary beneficiary of the recent MemeCoin speculation, as launching and trading on Solana is inexpensive, whereas Ethereum's gas fees have remained relatively high until the recent Dencun upgrade. Therefore, the Dencun upgrade could lead to a decline in SOL-USDT trading volume. In fact, SOL-USDT trading volume has already dropped from $12 billion to $2 billion.
Matrixport released a report stating that Solana has been the primary beneficiary of the recent MemeCoin speculation, as launching and trading on Solana is inexpensive, whereas Ethereum's gas fees have remained relatively high until the recent Dencun upgrade. Therefore, the Dencun upgrade could lead to a decline in SOL-USDT trading volume. In fact, SOL-USDT trading volume has already dropped from $12 billion to $2 billion.
Navigating Web3 tides with focused insights
