According to CoinDesk, in March 2025, the total trading volume of Ethereum's decentralized exchanges (DEX) reached $64.616 billion, surpassing Solana's $52.62 billion and reclaiming the top position in the industry for the first time since September last year. Affected by market downturn and meme coin heat decline, the activity of DEXs like Raydium on the Solana chain has significantly decreased. Although Ethereum's DEX trading volume leads, ETH price dropped by over 18% in March, higher than SOL's 15.8% decline.
Data: Ethereum chain DEX transaction volume reached 64.616 billion US dollars in March, surpassing Solana
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ETH
2.17%
SOL
1.2%
Source
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