Ethereum occupies 35% of the DEX market share, and competitors such as Solana are catching up

Odaily Odaily News According to data from IntoTheBlock, Ethereum (ETH) continues to dominate DEX, accounting for nearly 35% of the market share. Although Ethereum prices have been under pressure recently, its network activity and application in the DeFi field remain strong. At the same time, blockchain networks such as Solana, Arbitrum and BNB Chain are growing rapidly, increasingly challenging Ethereum's market dominance. Among them, Solana's trading volume has increased significantly, showing its growing importance in the DEX market. Arbitrum and BNB Chain are also increasing their market share, with Arbitrum accounting for 14% of DEX's total trading volume and BSC accounting for 11%. (Bitcoinist)