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Pancakeswap said it has achieved an incredible growth in trading volume, reaching $22 million this week. The surge corresponds with the massive growth of dApps on the BSC.
DEXs registered new monthly trading volume records in December on spot and derivatives markets, with Solana-based protocols dominating the sector, according to DefiLlama. As of Dec. 30, on-chain spot trading volumes reached $451.5 billion, a 19%...
XRP’s 6-year high of $2.72 faces pressure as fading altcoin dominance and plummeting DEX volume suggest bearish momentum ahead.
The post Fading Altcoin Dominance Threatens XRP Price as DEX Volume Shrinks By $58 Million appeared first on BeInCrypto.