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Matrixport: The Ethereum Dencun upgrade may lead to a decrease in SOL/USDT trading volume

2024-03-26 14:20:29

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ChainCatcher message, Matrixport's latest report points out that Solana is the main beneficiary of the recent meme coin craze, as the issuance and trading costs on Solana are very cheap, while Ethereum's gas fees remain relatively expensive - until the Dencun upgrade. Therefore, this upgrade may lead to a decrease in SOL/USDT trading volume.

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Matrixport Ethereum Dencun upgrade SOL/USDT

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Matrixport Ethereum Dencun upgrade SOL/USDT

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