Serum (SRM) hits a new all-time high as Solana adoption gains traction
Cointelegraph
Published Apr 26, 2021 07:00PM ET
Updated Apr 27, 2021 09:20PM ET
Decentralized finance (DeFi) has reshaped the face of the cryptocurrency market over the past year, attracting the attention of both institutional investors and retail traders alike as the traditional financial sector continues to warm up to blockchain technology.
While the majority of the largest DeFi protocols that have a significant amount of volume and value locked in the platform operate on the Ethereum network, high fees and slower transaction times have allowed projects like Serum, a decentralized exchange (DEX) that operates on the Solana blockchain, to rise in popularity and gain market share.
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Written By: Cointelegraph
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