Data from the platform shows that SOL’s raw transactions surged to an impressive 6,000 to 10,000 per second. Such a high number of transactions points to increasing developer adoption, NFT engagement, and active Decentralized Finance (DeFi).
Amid the largest crypto liquidation event in history, where billions were wiped out across major crypto exchanges, Solana Decentralized Perpetual Exchanges (perp DEXs) have reached an unprecedented milestone.