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This Twitter thread highlights the growing dominance of Solana's decentralized exchanges (DEXs), which are currently surpassing the trading volume of Kraken and Coinbase combined. The thread emphasizes Solana's superior user experience and the challenges centralized exchanges face in keeping up.
Ripple co-founder Chris Larsen has transferred approximately 50 million XRP, worth about $161 million, to exchange-linked addresses over the past week. Despite these movements, Larsen still controls around 2.81 billion XRP, valued at nearly $9 billion. Recent onchain activity has drawn attention due to the significant concentration of supply among early Ripple insiders.