- Solana leads DEX volume for 4 days, hitting $2.5B and outpacing all other chains.
- Ethereum and BSC show weekly declines as Solana and Base attract more activity.
- Solana and Base now dominate growth in on-chain trading volume and user traction.
Solana has overtaken all other blockchains in 24-hour decentralized exchange (DEX) volume for the fourth consecutive day. This sustained lead highlights Solana’s growing dominance in DeFi trading activity across major blockchain ecosystems.
Solana Tops Daily Volume, Widens Gap with Ethereum
In a post by LaserLOOM, Solana’s DEX volume hit $2.509 billion in 24 hours, the highest across all tracked chains. The update emphasized Solana’s fourth straight day leading the market, with LaserLOOM noting it’s “not just catching up, it’s setting the pace.” Ethereum followed at $1.895 billion but recorded a 3.07% weekly decline in total DEX activity.
This continued performance underscores Solana’s rising traction, especially in DeFi protocols, memecoins, and high-frequency on-chain trading. Users and developers increasingly cite Solana’s low-cost fees, transaction speed, and smoother UX as key adoption drivers.
Weekly Performance Data Highlights Shifting Market Flows
The reported weekly data ranked the top five blockchains by daily DEX volume and corresponding percentage changes in activity. Solana led with a 14.15% weekly increase, while Ethereum trailed with a volume decline, despite maintaining second place. Base posted $749.79 million in daily DEX volume with a 9.81% weekly gain, signaling growing participation on the Coinbase-backed Layer-2 chain.
BSC fell to fourth place with $667.51 million and a 9.07% drop, reflecting lower usage amid waning capital flows. Arbitrum ranked fifth at $560.3 million, showing minor erosion in volume at just 0.70%, suggesting stable user retention among Layer-2 ecosystems.
Dominance Consolidates Around Solana and Base
Solana and Ethereum now combine for over $4.4 billion in daily DEX activity, accounting for the majority of global on-chain trading. Besides them, Base, BSC, and Arbitrum contribute another $2 billion, though none match Solana’s rate of growth. Base also emerged as the fastest-growing Layer-2 by volume, overtaking Arbitrum in both daily trading and weekly expansion.
Additionally, Solana now holds the highest 7-day volume surge among all chains in the dataset, reinforcing its market position. If the trend sustains, Solana may redefine the default DEX infrastructure layer for crypto-native traders and institutions alike.
