In a notable shift within the decentralized finance (DeFi) landscape, Jupiter Exchange has surpassed Hyperliquid in 24-hour revenue, establishing itself as the second highest fee-generating protocol according to DefiLlama. This achievement follows Solana's recent performance, where it has overtaken Ethereum in 24-hour revenue, marking a significant milestone for the blockchain. The developments indicate Solana's growing dominance in the decentralized exchange (DEX) market, as it has reclaimed the second spot in DEX volume, surpassing Binance Smart Chain (BSC) and Base, and is nearing Ethereum's volume. The recent metrics highlight Solana's increasing traction in the DeFi sector, reflecting a broader trend of its rising prominence among blockchain networks. This is an AI-generated article powered by DeepNewz, curated by The Defiant. For more information, including article sources, visit DeepNewz . To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io
