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The Defiant 2025-04-01 20:35:07

Ethereum Surpasses Solana to Lead DEX Volume with $63 Billion in March 2025, Despite 8% Market Share and 18% Price Drop

Ethereum has reclaimed its position as the leading blockchain for decentralized exchange (DEX) trading volume, surpassing Solana for the first time since September 2024. In March 2025, Ethereum DEXs recorded $63 billion in trading volume, while Solana's performance has declined. Despite Ethereum's market share falling to 8%, the blockchain's underlying technology demonstrated strong DEX activity, outpacing Solana for the first time in six months. Overall, total DEX volume across all platforms decreased by approximately 35% month-over-month to $243 billion, according to DeFiLlama. However, Ethereum's resurgence highlights its continued dominance in decentralized finance (DeFi) activity, even as it faced an 18% drop in price last month. This is an AI-generated article powered by DeepNewz, curated by The Defiant. For more information, including article sources, visit DeepNewz . To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io

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