Ethereum Outshines Solana In Major DEX Performance Metric
The post Ethereum Outshines Solana In Major DEX Performance Metric appeared on BitcoinEthereumNews.com.
Ethereum has again led the decentralized exchange (DEX) market. DefiLlama data shows it has overtaken Solana in a key trading volume metric. This shift marks the first time since September 2024 that Ethereum has risen above Solana in daily fees and overall DEX activity. Notably, the development signals renewed strength in Ethereum’s network performance. Ethereum Reclaims DEX Dominance from Solana Ethereum is now leading the DEX space after several months of Solana dominance. According to fresh data from DeFiLlama, Ethereum recorded $42.6 million in fees over 24 hours. This remarkable progress placed it ahead of Solana, which saw $33.7 million within the same period. It is worth noting that this movement is not just a number shift. It indicates real changes in user activity, network strength, and trading confidence. According to the update, Uniswap, which reported around $30 billion in trading volume, is one of the major drivers behind Ethereum’s jump. That figure alone underlines the level of engagement on the Ethereum network. Meanwhile, Solana, known for its fast transactions and low fees, has seen a drop in activity across key platforms like Raydium and Pump.fun. These drops have affected its position, with the DefiLlama chart now placing Solana seventh in fees earned by blockchain networks. Experts believe Solana’s struggle may be due to its monolithic architecture, which offers speed but less flexibility. Conversely, Ethereum’s modular system has benefited from ongoing upgrades that improve scalability and support developer growth. These advantages are slowly pushing Ethereum back into a leadership position in the DeFi space. Whales Place Bold Bets on Ethereum Despite Market Pressure Large holders of Ethereum are now placing long positions, signaling a strong belief in the coin’s future. According to a post by crypto analyst TedPillows, on June 13, 2025, a whale opened a long position worth $16.6…
