Solana announces it will soon catch up with NASDAQ in trading volume.

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On August 15, Solana announced that the daily transaction volume on its network has surpassed the total transactions of all regional exchanges and is nearing the level of NASDAQ. With a rate of about 400 transactions per second, Solana stated that they are close to catching up with the weekly transaction volume and the daily peak of NASDAQ.

A new website has also been launched to track the "flippening" between Solana and NAS, comparing detailed metrics on trading. This move underscores Solana's ambition to become a direct competitor to the traditional financial market, amidst the cryptocurrency community's debate on blockchain scalability and performance compared to Ethereum.

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