Ethereum DEXs Surge Past Solana, Fueled by ETH ETF Inflows

Ethereum’s decentralized exchanges (DEXs) are experiencing a significant surge in trading volume. This shift comes as substantial inflows of Ethereum-linked exchange-traded funds (ETFs) have entered the market, reshaping the competitive landscape of DeFi platforms. This data point shows an unprecedented spike in activity on Ethereum DEXs, surpassing Solana’s volumes for the first time since April.