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Binance market share drops to 48.7% amid regulatory challenges

Decentralized exchanges (DEXs) continue to hold a steady portion of the market, maintaining around 2.83% of the total trading volume. Within the Solana ecosystem, DEXs such as Orca and PancakeSwap have been particularly noteworthy. In the wake of these shifts, certain exchange tokens have seen significant value increases. Tokens like FTT, MX, and BGB have more than doubled in value. JOE has been a standout, with a remarkable growth rate of 400%. However, not all tokens have fared well; despite high liquidity, the price of HT has experienced a decline.

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Source: Cryptocurrency - investing.com

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