Solana-based tokens experienced significant growth in Q3 of 2024, indicating the platform's strong performance. Tokens across various sectors, including DeFi and DEX, saw substantial market cap increases. Notable performers included CROWN, MPLX, DRIFT, W, IO, GMT, PYTH, and RENDER tokens. The broader Solana ecosystem also saw positive developments, with partnerships and project migrations adding to its growth. In terms of trading volume, Solana's DEX volume increased by 45.74% compared to Ethereum's 1.3% growth, highlighting Solana's rapid growth in the decentralized finance space.



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