Solana (SOL) has gained momentum over the past two days, recovering from $110.58 to reach an intra-day high of $156.15 on Saturday.
The cryptocurrency has halted its losses and regained bullish traction. Several positive developments, including record trading volumes on Solana’s decentralized exchanges (DEX), have contributed to this upward trend.
According to Foresight News, data from DeFiLlama indicates that DEX trading volume on Solana has surpassed $4 billion in the past 24 hours, setting a new all-time high. Additionally, Solana leads major blockchains in terms of the weekly number of transactions.
