Solana DEX Trades Top NYSE With 208M Weekly Transactions
Key TakeawaysSolana DEXs processed 208M weekly trades, topping the NYSEs 190M for the first time.Jupiter drove the surge, showing onchain markets are reaching Wall Street-scale activity counts.Traders will watch if Solana can sustain growth as SOL regains key long-term levels. Solana Narrows Nasdaq Gap as Weekly DEX Trades Hit 208M Solana just crossed a line that would have sounded improbable a few years ago. Decentralized exchanges (DEXs) on the network processed roughly 208 million spot trades in the week ending Sept. 13, according to data cited by The Kobeissi Letter. That topped the 190 million trades recorded on the New York Stock Exchange (NYSE) over the same period. The gap with Nasdaq also narrowed to about 47 million trades, the smallest on record. The comparison needs context. A Solana DEX swap is not economically equivalent to an equity trade on the NYSE. Trade sizes, market structure and underlying assets differ sharply. Still, the raw activity is difficult to ignore. Source: Kobeissi LetterJupiter Drives Solanas Trading Surge Much of the acceleration has come through Jupiter, Solanas largest trading aggregator. Discover more Brokerages & Day Trading Digital payment systems Crypto market updates Jupiter has processed more than 80 million trades this month, according to the data, representing a 38% month-over-month increase. More broadly, weekly









