The cryptocurrency market is once again undergoing a major transformation, with Solana (SOL)'s market capitalization surpassing 102.9 billion USD, demonstrating an astonishing rise momentum. At the same time, the clearing volume of decentralized exchanges (DEX) has for the first time exceeded that of centralized exchanges (CEX), marking an explosive development in the DeFi field.



This series of changes has also affected Bitcoin's position in the overall crypto assets market, with its market dominance dropping to 61%. This data reflects that investors are increasingly turning their attention to other promising blockchain projects and coins.

Solana's strong performance is undoubtedly one of the focal points of this round of market fluctuations. As a high-performance blockchain platform, Solana attracts a large number of developers and users with its fast transaction speed and low fees, driving the rapid expansion of its ecosystem.

The sustained rise in DeFi enthusiasm is also a key factor driving this change. Decentralized Finance is reshaping traditional financial services, providing users with more financial autonomy and innovative products. The milestone event of DEX clearing volume surpassing CEX fully reflects the increasing confidence and demand users have for decentralized trading platforms.

With this significant shift in the market landscape, we may be witnessing a new round of reshuffling in the Crypto Assets industry. The competition between traditional strong coins and emerging projects may intensify further, and investors need to closely monitor market trends and carefully assess the potential and risks of each project.

Nevertheless, we should remain cautious and recognize the high volatility of the Crypto Assets market. While the rise of Solana and the DeFi sector is encouraging, investors still need to act with caution and manage risks.
SOL-6.31%
DEFI-9.53%
BTC-1.3%
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CoffeeOnChainvip
· 16h ago
The bull run is here, those who buy the dip have made a fortune.
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WhaleWatchervip
· 07-22 18:05
sol amazing ah
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BearMarketMonkvip
· 07-22 03:25
Is it still time to stock up on SOL?
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SnapshotStrikervip
· 07-22 00:50
sol bull awesome
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GasWaster69vip
· 07-21 18:50
sol yyds!!!
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MissedTheBoatvip
· 07-21 18:44
This wave didn't enter a position again, suffering huge losses.
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MetaverseMigrantvip
· 07-21 18:42
Hmm? Is Bitcoin not working anymore?
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SmartContractPhobiavip
· 07-21 18:34
sol真的To da moon惹
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BlockchainThinkTankvip
· 07-21 18:33
Large-scale funds are quietly exiting, with caution as the priority.
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