Solana’s decentralized exchanges (DEX) experienced a trading volume of $2.517 billion, marking a significant decline since mid-December, driven by waning interest in meme coins. While platforms like Raydium and Orca saw drops of over 39%, Meteora’s volume surged by 18.65%, indicating shifting user preferences. Despite the downturn, Solana maintains a 50% market share in DEX activity, although Ethereum remains the preferred choice for large liquidity needs. The SOL token price has also faced pressure, dropping 6.47% in 24 hours, partly due to concerns over a $3 billion token unlock, though interest in Solana-based ETFs may offer a potential rebound.
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0 posts last weekSolana Dominates Retail DEX Volume While Ethereum Leads High-Value Trades
OKX’s “State of DEXs 2025” report reveals Solana-based DEXs dominate retail trading with 48% of total volume, while Ethereum leads in high-value trades over $50,000. The report highlights Asia’s edge in developer activity, particularly in AI integration, and notes significant advancements in decentralized derivatives.
read moreOKX Wallet Integrates Solana Blinks for Seamless Blockchain Transactions
OKX Wallet has integrated Solana Blinks, enabling users to conduct blockchain transactions like token staking and NFT purchases directly through social media platforms such as X and Discord, without incurring transaction fees. This multi-chain feature enhances user engagement with decentralized applications (DApps) and expands OKX’s connectivity with 100 protocols, including the recent addition of Toncoin (TON). The company is also focusing on compliance in the European market, establishing a base in Malta to cater to over 450 million potential customers.
read moreOKX Introduces Solana Blinks Technology to Ethereum Compatible Chains
OKX is integrating Solana’s innovative “Blinks” technology into its multi-chain wallet, enabling users to create shareable URLs for on-chain transactions across Ethereum-compatible chains. This feature allows seamless interactions with smart contracts directly on social platforms, with zero transaction fees. The company is collaborating with partners in both the Solana and EVM ecosystems to enhance application support.
read moreOKX Wallet Expands Blinks to Support EVM Compatible Chains
OKX Wallet has expanded its Blinks feature to support all Ethereum Virtual Machine (EVM)-compatible chains, enabling multichain capabilities for seamless onchain transactions across various blockchains. Users can now perform actions like token swaps and staking directly from their preferred social media platforms without switching apps. Enhanced security measures, including URL verification and real-time monitoring, ensure safe interactions with approved Blinks.
read moreImmutable Closes NFT Marketplace as Web3 Gaming Seeks Steam-Like Platform
Immutable has shut down its NFT marketplace to focus on expanding its ecosystem, opting to support other marketplaces instead. Meanwhile, the Kanpai Pandas NFT collection saw a 45% drop in floor price following controversy over a Donald Trump-themed token. Additionally, industry leaders advocate for a Steam-like platform for Web3 gaming to enhance distribution and support decentralized economies.
read moreweb3 gaming seeks steam-like platform for ecosystem growth and innovation
Web3 gaming is poised for growth with the launch of OKX GameSphere, a platform designed to integrate Web3 elements like NFTs and cryptocurrencies. Despite the success of traditional platforms like Steam, which banned blockchain games, the Web3 ecosystem is thriving, showcasing innovative gaming experiences and community engagement. However, industry leaders emphasize the need for ongoing experimentation and education to fully leverage Web3’s potential.
read moreTether and OKX Collaborate with DOJ to Freeze $225 Million Linked to International Human Trafficking Scam
Tether and OKX have collaborated with the US Department of Justice to freeze $225 million USDT linked to an international human trafficking syndicate in Southeast Asia. The investigation used blockchain analysis tools to uncover the funds, which were located on the secondary market and not directly associated with Tether’s customers. This collaboration highlights the commitment to safety and security in the crypto industry.
read moreTether Collaborates with Law Enforcement to Freeze $225 Million in Stolen USDT Linked to Human Trafficking
Tether, in collaboration with the United States Department of Justice and crypto exchange OKX, has frozen $225 million worth of stolen USDT linked to a human trafficking syndicate operating in Southeast Asia. This marks the largest-ever freeze of stablecoins and highlights the importance of collaboration between crypto companies and law enforcement to prevent the use of digital assets for criminal purposes.
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