TechFlow reported, citing Cointelegraph, that according to data compiled by venture capital firm Pantera Capital, over 60% of the month-over-month growth in decentralized exchange (DEX) trading volume in May occurred on the Solana blockchain. Solana's share of DEX trading volume has risen from 0% at the beginning of 2021 to 24% in May 2024.
In addition, the network's number of unique active addresses has increased from 14,000 in October 2020 to nearly 1.3 million in May 2024.




