Solana has surpassed Ethereum in terms of 24-hour trading volume on decentralized exchanges (DEXs). Solana recorded a trading volume of $6.24 billion, while Ethereum logged $850 million. Solana-based automated market maker (AMM) Raydium leads with a volume of $4.2 billion. Uniswap, the largest DEX on Ethereum, had a daily volume of $1.52 billion. Other Solana-based DEXs, Orca and Aerodrome Finance, also have high trading volumes. Solana's weekly DEX volume surpassed Ethereum and all layer-2 solutions combined. Solana's native token, SOL, recently reached a market cap of $116 billion. A cryptocurrency educator attributes Solana's success to its focus on apps and user experience.



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