Solana continues impressive triumphal march: Another leading Dex trade volume and institutions in view

<p> <strong> Solana continues impressive triumphal march: Another leading Dex trade volume and institutions in view </strong> </p>
Solana: Fifth month in a row in Dex turnover
dominance in the Defi world
Solana once again demonstrated its leading position in the area of decentralized stock exchanges (Dex) and recorded the highest trading volume in February at $ 105.85 billion. The blockchain overtook both the Binance Smart Chain ($ 84.25 billion) and Ethereum ($ 82.01 billion). This development marks the fifth month in a row, in which Solana cites the Dex turnover.
Advantages of Solana
One of the main reasons for the continued increase in the commercial volume on the Solana platform are the fast transactions and the low fees. These properties attract both dealers and institutions that want to benefit from market volatility without having to worry about high costs. While Solana acts as an efficient and inexpensive solution, Ethereum is often perceived as overcrowded and expensive platform.
Effects of the US cryptocurrency reserve
Another interesting aspect that could benefit Solana is the announcement by President Trump to set up a US cryptocurrency reserve. This reserve will include Bitcoin, Ethereum, XRP, Solana and Cardano and is intended to monitor the federal government's crypto assets. Such a measure could lead to a broader institutional acceptance, which would significantly strengthen trust in the Solana ecosystem. The admission of Solana in national reserves could also be evaluated in recognition of the long -term value of cryptocurrencies.
Future developments: Solana-Futures
Another exciting step for Solana is the planned introduction of futures contracts by the CME Group, which are intended for March 17, 2025, provided that the official permits are granted. Solana could take the same way as Bitcoin and Ethereum, whose futures contracts were the first steps to spot-based ETFs. Such developments could attract institutional investors who have so far hesitated to enter the Solana market.
Current course and market development
Despite the positive developments, the course from Sol has sunk lately. At the time of the editorial deadline, the price was traded at about $ 138.12, which corresponds to a decline of 18.59 % within 24 hours and 35.01 % within the last 30 days. However, the strong dominance of Solana in the Dex trade volume and the growing interest of institutions indicate that this decline may only be a temporary correction.
conclusion: Solana as an attractive alternative
Finally, it can be said that, despite the recent course fluctuations, Solana is on an interesting way. With its fast transactions, low costs and increasing institutional acceptance, the blockchain has the potential to continue to gain in importance. For investors who are looking for alternatives to Ethereum, Solana could represent a promising option if they are aware of the risks in volatile cryptom market.