Ethereum Surpasses Solana in Decentralized Exchange Volume

Despite recent negative narratives surrounding Ethereum’s price and future, the platform has managed to reclaim its position as a leading player in the DeFi space. According to DefiLlama data, Ethereum surpassed Solana for monthly decentralized exchange (DEX) volume for the first time since November, totaling $64.7 billion versus Solana’s $52.6 billion. BNB Chain sits in third place with $44.2 billion in trading volume.