Solana’s decentralized exchange (DEX) volumes have soared by over 90% since April 11

reaching $3.14 billion. The network has outperformed the Ethereum layer-2 ecosystem in terms of DEX activity

In Trend

Positive funding rates in SOL’s perpetual futures markets further support the bullish trend. Funding rates have turned positive

The relative strength index (RSI) for SOL has climbed from 36 to 47

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