April 23, 2025

Solana’s Stablecoin Trading Volume Plummets from $100 Billion to $7 Billion Amid Wash Trading Concerns

1 min read

Solana recently witnessed a sharp decline in its daily stablecoin trading volume. Prior to this dip, Solana was consistently recording volumes between $75 billion and $100 billion daily, now it stands at a modest $7 billion. There are speculations that wash trading might be a factor behind this drastic change. Discover the factors leading to

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