In a major shift across the decentralized finance (DeFi) landscape, Solana has officially overtaken Ethereum in 24-hour DEX trading volume, signaling a serious power move in blockchain dominance.
Solana’s DEX Volume Leaves Ethereum in the Dust
According to fresh data, Solana has recorded $3.395 billion in daily DEX volume which is more than double Ethereum’s $1.618 billion over the same period.
That’s not just a lead. That’s a flex.
This milestone shows how far Solana has come in becoming the go-to chain for active traders, especially those deep in the meme coin trenches.
Why Is Solana Pulling Ahead?
•Meme Coin Mania
Solana is the hub for meme token launches right now. Pump.fun and other tools have helped launch thousands of new tokens daily, flooding DEXs with traffic and volume.
•Cheap, Fast, and Made for Degens
Solana’s lightning-speed transactions and near-zero fees make it a dream chain for degen trading. Ethereum gas fees just can’t compete.
•Institutional Backing
Big players are catching on. Galaxy Digital and others have started allocating more attention and capital to Solana’s ecosystem.
The Bigger Picture for DeFi
Ethereum still dominates when it comes to total value locked (TVL), but Solana is leading the charge in activity and speed. And that’s what matters to traders in the trenches.
This isn’t just a one-day spike it’s part of a growing trend that’s putting Solana at the center of real-time, high-frequency DeFi.
Conclusion
Solana is no longer “the fast alternative.” It’s becoming the main stage. With over 2x the DEX volume of Ethereum today, Solana is solidifying its position as the chain that actually moves.
Whether you’re trading meme coins, building protocols, or just watching the charts — ignore Solana at your own risk.
