Solana Surges to $25.09 Billion in On-Chain DEX Trading Volume, Outpacing Ethereum

COINOTAG reported on April 15th that recent data from DeFiLlama reveals a significant development in the decentralized exchange (DEX) landscape. In the last 24 hours, Solana has achieved an impressive on-chain DEX trading volume of $25.09 billion, positioning it as the leading blockchain platform in this sector. This surge in trading activity has enabled Solana to surpass Ethereum, which reported an on-chain DEX volume of $18.95 billion. The increasing adoption of decentralized finance (DeFi) protocols on Solana highlights its robust infrastructure and appeal to traders. As the crypto market evolves, Solana’s performance may influence further investment strategies, making it essential for investors to monitor these trends closely. This shift underscores the growing importance of decentralized exchanges in the overall crypto ecosystem.