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Serum (SRM) hits a new all-time high as Solana adoption gains traction

While the majority of largest DeFi protocols that have a significant amount of volume and value locked in the platform operate on the Ethereum (ETH) network, high fees and slower transaction times have allowed projects like Serum (SRM), a decentralized exchange (DEX) that operates on the Solana (SOL) blockchain, to rise in popularity and gain market share.

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