Solana, Base, Sui DEX volume lead as meme coins rebound
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: crypto
Updated: Sep 28 2024Crypto Volume Recovery: Centralized and decentralized exchanges saw a significant rebound in trading volume, particularly in DEX networks like Solana, Base, and Sui, despite overall September volumes being the lowest since February. The recent surge was attributed to rising Bitcoin and Ethereum prices, as well as favorable economic news.
Meme Coin Surge: The release of Binance founder Changpeng Zhao from prison has positively impacted the BNB ecosystem and meme coins, with notable price increases for tokens like Moo Deng and Mother Iggy, contributing to a substantial rise in market capitalization for various meme-related projects.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
