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Solana Q1 Status Report: Daily Spot DEX Trading Volume Increased 319% MoM to $1.5 Billion

Solana's average daily spot DEX trading volume increased by 319% to $1.5 billion compared to the previous period. Solana has become the main venue for retail users and memecoin traders. Projects built primarily on Solana raised $89.2 million in the first quarter, $2.5 million more than the total raised in 2023.

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