Solana Could Overtake Ethereum in DEX Volumes with $64.1 Billion Reported in June 2025
2025-07-03 20:35:26
Main Idea
Solana surpassed Ethereum in DEX volumes with $64.1 billion recorded in June 2025, driven by platforms like Raydium and Orca, despite a 15% decline in SOL's price during the same period.
Key Points
1. Solana achieved $64.1 billion in DEX volume in June 2025, surpassing Ethereum, largely due to platforms like Raydium and Orca.
2. Despite the volume growth, SOL's price declined by approximately 15% since mid-June 2025.
3. Solana's high throughput and low transaction costs have been key competitive advantages over Ethereum.
4. Industry experts highlight Solana's technological innovations, such as faster block times and reduced latency, as drivers of its market performance.
5. Analysts suggest Solana's dominance in DEX volumes could lead to wider adoption and institutional interest in the future.
Description
Solana has overtaken Ethereum to secure the second position in decentralized exchange (DEX) volumes, marking a significant milestone in the crypto market for H1 2025. The blockchain’s DEX volume surged
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