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Solana’s Volume Goes Dark: Can Private DEX Dominance Move SOL Price?

source-logo  coingape.com 14 May 2025 18:54, UTC

Solana’s DeFi sector is going dark, in its literal sense. Private DEXs are now handling the majority of Jupiter-routed trades, and this is a major shift in the activity on Solana. SOL briefly touched $185 on Tuesday, which is its highest in nearly three months, before slipping to $180 by Wednesday.

coingape.com