Ethereum Reclaims No. 1 Spot as Leading DEX Chain for First Time Since September, Overtakes Solana
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Apr 01 2025Ethereum's Market Leadership: Ethereum regained its position as the leading blockchain for decentralized exchange (DEX) trading in March, achieving a trading volume of $64.616 billion, surpassing Solana's $52.62 billion by 22%, amidst a declining overall crypto market.
Market Sentiment and Performance: Despite Ethereum's trading success, both Ethereum's ether token and Solana's SOL token experienced significant price drops of over 18% and 15.8% respectively, attributed to macroeconomic uncertainties and changes in trading activity, particularly in the memecoin sector.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
