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cryptoseven
@cryptoseven
Monthly trading volume of bitcoin and Solana is at its peak Bitcoin (BTC) and Solana (SOL) trading volume in November 2024 has reached record highs. At the same time, Ethereum (ETH) still hasn't reached its 2021 high, remaining about 50% lower. According to Token Terminal, BTC, ETH and SOL had a trading volume of $2.2 trillion, $1.1 trillion and $243 billion respectively in November 2024. These figures show significant growth compared to the previous months. Despite a 50% decline from its 2021 peak, Ethereum maintains its position as one of the most popular and influential cryptocurrencies. This can be attributed to its widespread use in decentralised finance (DeFi) and smart contracts, making it an important tool for many market participants.
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