The Unique Way the Solana Trading Ecosystem Is Making Bank
Briefly

Solana's trading-linked activity regularly accounts for 75-90% of [Solana] transaction fees, substantially higher than that of Ethereum and other networks like Base and Arbitrum.
While layer 2 solutions have also shown growth and innovation, they face different scalability challenges and user fragmentation issues compared to Solana.
Coinbase announced cbBTC, which brings the ability to trade, lend and borrow bitcoin (BTC) on Solana - crucial functionality likely needed for decentralized finance.
Tether's USDT and Circle's USDC stablecoins have produced $93 million and $28 million in revenue, respectively, illustrating the profitability of Solana's on-chain ecosystem.
Read at Coindesk
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