🚀 Decentralized exchanges captured a record 19.5% of combined crypto spot volume in July—even though their own volume fell 9.82% to $176 billion—because centralized spot activity dropped faster, down 31.2% to $727 billion.
CoinDesk Research and CryptoSlate report the same record share. On-chain activity was led by Solana, followed by BNB Chain and Ethereum, making $SOL, $BNB and $ETH the networks most directly tied to the shift. Why it matters: liquidity is moving closer to on-chain price discovery, but the record reflects relative resilience rather than growth in absolute DEX trading.
#TrendingTopic #BTC #HotTrends #ETH #altcoins
CoinDesk Research and CryptoSlate report the same record share. On-chain activity was led by Solana, followed by BNB Chain and Ethereum, making $SOL, $BNB and $ETH the networks most directly tied to the shift. Why it matters: liquidity is moving closer to on-chain price discovery, but the record reflects relative resilience rather than growth in absolute DEX trading.
#TrendingTopic #BTC #HotTrends #ETH #altcoins