Key Notes

The decentralized exchange expands beyond derivatives after surpassing $1.5 trillion in cumulative volume since launch.

Solana faces bearish pressure with $667 million in leverage clustered at the $147 resistance level creating squeeze potential.

Short positions dominate at over $1 billion while longs sit at $692 million, limiting near-term rebound prospects for SOL.

Dousing the bearish sentiment, dYdX, one of the largest decentralized exchanges, made a major announcement that could further expand Solana SOL $134.9 24h volatility: 4.0% Market cap: $75.70 B Vol. 24h: $6.40 B adoption in the US.

According to a CoinDesk report , dYdX is rolling out its first-ever spot trading product. dYdX Labs said the move represents an expansion of its roadma

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