币界网报道:Solana-based decentralized exchanges (DEXs) saw an 18% quarter-over-quarter surge in trading volume, reaching $1.5 billion in Q3 2023, according to recent data. The growth is attributed to Solana's high throughput and low transaction costs, which continue to attract traders and developers. Leading DEXs like Orca and Raydium accounted for over 80% of the total volume, with Orca alone processing $700 million in trades. The platform's efficiency and scalability are positioning it as a strong competitor to Ethereum-based DEXs, despite recent network outages. Analysts note Solana's ecosystem expansion, including NFT and DeFi projects, is further driving adoption.