NFT adoption is also rising, with 146K users. As Solana breaks key resistance, new price targets come into view.
Solana is still a top performer in the DEX volume statistics, continuing a trend that began in the previous months.
Solana continues to be the leading chain for the fifth consecutive month without any indication of stopping. The February data confirms that Solana maintains its position at the top.
Trading volume continues to grow steadily, according to data from DeFiLlama. The chain established $105 Billion in total trade in February, which strengthened its established leadership position.
Binance Smart Chain and Ethereum maintained second and third positions, while Base and other chains trailed behind. The ranking system maintains Solana as the first entry every time it repeats.
Users choose platforms based on their speed, performance, minimal fees and reduced costs. The platform maintains robust transaction liquidity across its wide network because transactions process at high speed.
The market data indicates this trend will persist for additional days as Solana maintains its position at the
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