CryptoBriefing reported that the weekly transaction count of Solana (SOL)-based decentralized exchanges (DEXs) exceeded 208 million, surpassing the New York Stock Exchange (NYSE). This is approximately 88% of Nasdaq's transaction volume. However, the media outlet added that this comparison is based solely on transaction count, not transaction value. While large institutional orders on NYSE can amount to millions of dollars per transaction, Solana DEX transactions often include small swaps under $1, memecoin trading, and bot transactions, making a simple comparison with traditional stock markets difficult.
