Solana Hits $145, Leads With $42.85B DEX Volume and 222% More Revenue Than Ethereum, BNB

Solana has surpassed the Ethereum ecosystem in 24-hour decentralized exchange (DEX) trading volume, now processing more than Ethereum and all its Layer 2 networks combined. In April, Solana recorded $42.85 billion in DEX volume, overtaking Ethereum's $40.42 billion. Solana held the top DEX volume spot since October, briefly losing it to Ethereum in March, and this is the first time since January that Solana has led Ethereum in 30-day DEX volume. For the most recent week, Solana's DEX volume reached $15.15 billion.

Solana has also achieved the highest SOL/ETH weekly close in history, with the SOL/ETH pair reaching a new all-time high. The price of Solana (SOL) has reclaimed the $140 level and reached as high as $145.

In terms of network revenue, Solana generated more revenue in the first quarter of 2025 than all other Layer 1 and Layer 2 blockchains combined. Weekly network revenue has exceeded $21 million, and Solana is generating 222% more revenue than Ethereum and Binance Smart Chain (BNB) combined. The platform accounts for approximately 50% of total blockchain network revenue.

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