Decentralized Exchanges
CoinGecko analyst Yuqian Lim says DEX spot volume reached a record 37.4% of combined spot trading in June, driven largely by a surge on PancakeSwap amid memecoin activity.
BNB Chain validators have proposed halving gas fees and cutting block times to enhance speed and reduce transaction costs, aiming for a $0.005 fee per transaction. Meanwhile, Aster DEX leads in revenue, surpassing HyperLiquid with a soaring token market cap.
Galaxy Digital, in partnership with Jump Crypto and Multicoin Capital, has initiated a $1.65 billion PIPE transaction to launch GLXY tokenized public shares on Solana. This strategic move targets institutional investors by leveraging Solana’s high-performance blockchain to build an active digital asset treasury and infrastructure.