🚀Solana surpasses Polygon in daily DEX trading volume! Based on on-chain data, Solana recorded daily DEX volume of $240.47 million, while Polygon recorded $137.49 million. In just nine days, Solana managed to replace Polygon, which previously reached $247.45 million.

Why is Solana growing rapidly? Here are some factors:

1. SOL has become a favorite altcoin of institutional investors, recording $74 million in investment flows this year.

2. Solana-based products surged 74.1% to $140 million in October.

3. Launch of Firedancer, a new validator client that improves network speed and reliability.

4. Solana Breakpoint Conference 2023 taking place in Amsterdam until November 3.

Even though it fell due to the collapse of FTX, SOL managed to recover with an increase of 80% in a month and 40% in a year, outperforming BTC, ETH and XRP. Come on, share your thoughts about Solana's growth in the comments! 😄