Solana Dominates Weekly DEX Trading Volume Surpassing $15.7 Billion for Three Consecutive Weeks

According to a report from COINOTAG dated October 29, Solana has achieved a remarkable milestone by leading all blockchains in weekly decentralized exchange (DEX) trading volume for three consecutive weeks. Recent data from Defillama indicates that Solana recorded an impressive trading volume of $15.736 billion over the past week, which constitutes 27.7% of the overall trading activity across multiple blockchains. In contrast, Ethereum ranks second with a trading volume of $8.833 billion, representing 18.39% of the market. The Base Chain follows closely behind, securing third place with a trading volume of $7.314 billion, amounting to 17.66%. This ongoing trend highlights Solana’s growing dominance in the decentralized finance (DeFi) sector, further solidifying its position among leading blockchain platforms.