Solana DEX Weekly Transaction Count Surpasses NYSE

A Solana (SOL)-based decentralized exchange (DEX) has seen its weekly transaction count exceed 208 million, surpassing the New York Stock Exchange (NYSE), reported CryptoBriefing. The figure represents approximately 88% of Nasdaq's volume. However, the media outlet noted that this comparison is based on transaction counts only and not transaction value, as NYSE sees large institutional orders worth hundreds of thousands of dollars per trade, while Solana DEX transactions include many under $1 swaps, meme coin trades, and bot activity, making a direct comparison with traditional markets challenging.