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Solana-based decentralized exchanges processed more than 208 million trades over the past week, exceeding the New York Stock Exchange and reaching about 88% of Nasdaq’s level by trade count, Crypto Briefing reported.
The outlet added that the comparison was based only on the number of trades, not on traded value. It noted that large institutional orders on the NYSE can reach several million dollars per trade, while Solana DEX activity includes many sub-$1 swaps, memecoin trades and bot-driven transactions, making a simple comparison with traditional stock markets difficult.