Solana: Spot DEX Trades Top NYSE for First Time
Solana logs 208 million spot DEX trades versus NYSE 190 million in week to Sept 13, Jupiter drives +38% MoM surge while SOL holds $117.63 on 4h chart.
SourceAnalysis
Solana recorded 208 million weekly spot DEX trades against the NYSE's 190 million in the week ending September 13, marking the first time onchain swaps exceeded traditional equity volume, fueled by Jupiter processing over 80 million trades this month.
Price action on the 4h chart shows SOL at $117.63 inside the Bollinger Bands with upper resistance at $120.72, while the EMA50 at $109.11 and EMA200 at $98.97 act as layered support beneath a bullish MACD golden cross of 3.07 and RSI at 69.31; traders watch for a measured pullback to the 50-EMA before continuation as volume metrics accelerate. SOL price prediction models now incorporate these onchain flows alongside BTC correlation data for institutional desks.
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