- Solana leads global DEX volume with more than $3.28B in activity.
- Faster throughput and lower fees are accelerating liquidity migration to SOL.
- If momentum holds, Solana’s position in on-chain trading could strengthen even further.
Amid a fresh wave of on-chain movement across the crypto market, traders are quietly drifting toward chains that feel lighter and faster on the wallet. Lower fees, quicker block times… you know, the stuff that actually makes trading less of a headache. Solana has slipped back into that front-runner spot again, riding on rising user activity and liquidity that keeps sliding its way. This whole moment pretty much reflects what the market is craving right now — efficiency, throughput, and a smoother trading flow that doesn’t choke when things heat up.
Solana Takes the #1 Spot
Solana has once again planted its flag at the top of decentralized finance, securing the #1 ranking in global DEX volume, according to data shared by The Solana Post on X. With roughly $3.288 billion worth of activity swirling around it, Solana is even outpacing massive ecosystems like BSC and Ethereum in daily volume — and that’s not a small deal. On the broader leaderboard, SOL sits comfortably in the top position, followed by BSC at $3.017 billion and Ethereum right behind at $3.007 billion. Base, Arbitrum, Hyperliquid L1, Sui, and Polygon are hanging in the conversation too, but the trend is clear: liquidity is migrating toward chains built for speed and scale.
DEX Volume Underscores the Momentum
According to DefiLlama’s DEX rankings, Solana is leading both the 24-hour and 30-day volume charts. Ethereum still sees heavy usage, of course, but its slower throughput is giving Solana all the space it needs to sprint ahead. Base, BNB Chain, and Arbitrum are maintaining their usual spots, but they’re not matching the pace of Solana — especially with developer energy and liquidity rotating toward faster execution layers. The volume charts show a pretty obvious pattern forming: the winners right now are the chains that let traders move fast with the least amount of friction possible.
A Clear Trend Toward a High-Speed Future
All in all, with DEX volumes climbing, sentiment turning more upbeat, and ecosystem activity picking up speed, Solana is shaping itself into the fastest-growing playground for active traders. And honestly, if things keep trending the way they are, its dominance in on-chain trading might only widen from here, pulling even more liquidity and builders into its orbit.
