Solana’s top two decentralized exchanges, Orca and Raydium, witnessed a surge in trade volume over the past week. Solana’s Total Value Locked (TVL) climbed 42% since the beginning of November. SOL price is in an uptrend, the altcoin traded sideways above $60, early on Monday. According to data from DeFi intelligence tracker, DeFiLlama, the trading volume of decentralized exchanges on Solana climbed 54% in the past week. Between November 1 and early on Monday, Solana’s TVL climbed 42%, from $409.68 million to $584.56 million, as seen in the DeFiLlama chart. The recent developments pushed Solana to the top three chains in terms of weekly transaction volume.
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