Solana is gaining traction in the market, evidenced by a 224.5% rise in daily active addresses since the introduction of Ethereum’s ETF. Defi Dev Corp. Increased its Solana holdings significantly, showcasing a shift in confidence among major investors.
Solana’s DEX volume surged, while Ethereum saw decreased activity. The emergence of a spot ETF for Solana could further disrupt Ethereum’s dominance, marking a critical moment for investors to reassess their positions.
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