Solana Beats Ethereum 10 Months in a Row in DEX Trading Volume!

Updated

August 26, 2025

Gambar Solana Beats Ethereum 10 Months in a Row in DEX Trading Volume!

Jakarta, Pintu News – Solana has recorded impressive achievements in the field of decentralized finance , beating Ethereum on decentralized exchanges (DEX) for ten consecutive months.

Solana Beats Ethereum in DEX Trading Volume

This week in data by @SolanaFloor:

Solana outpaced Ethereum in DEX trading volume for the 10th consecutive month, reaching $124B in July, 42% higher than Ethereum. pic.twitter.com/TT0nb8wrtm
— Solana (@solana) August 23, 2025

As noted by SolanaFloor at X, the total DEX volume on Solana reached $124 billion in July. This reflects a positive growth of 42% compared to Ethereum in terms of dominance in the sector, indicating that Solana is growing.

Solana’s development is mainly driven by the influx of developers into its blockchain.

Data provided by the sOL DAO Alliance shows a significant increase in founder activity in the first half of 2025, with over 40% of them choosing SOL. This is a big change when compared to the previous year, where only 25% of developers moved to SOL.

⚡ INSIGHT: Alliance DAO data shows that founders are rotating to Solana—past 25% share and 40%+ in H1 ’25.

Builders are voting with their code. Momentum is real. pic.twitter.com/nT9OCoPZV5
— CryptosRus (@CryptosR_Us) August 24, 2025

Solana’s Scalability Drives Developer Movement and Market Growth

The change in preferences among developers can be explained by the scalability and efficiency of the Solana blockchain. Its design supports the execution of transactions at high speed and low cost, which makes it an attractive replacement for Ethereum.

Solana’s ability to handle large numbers of transactions without interruption makes it a perfect fit for performance-focused projects.

Analyst Kamran Asghar predicts that SOL prices will continue to rise in the future. SOL has found its footing and is thriving after a difficult period, and has now taken a strong position in the market.

$SOL is on a one-way ticket to the moon. 🚀 After a brutal drop, Solana has found its footing and is riding a perfect uptrend channel. The path to $300 is wide open pic.twitter.com/vR4HdL272O
— 𝐊𝐚𝐦𝐫𝐚𝐧 𝐀𝐬𝐠𝐡𝐚𝐫 (@Karman_1s) August 24, 2025

According to Asghar, SOL prices could soon reach $300, along with positive market trends and a steady increase in trading volumes.

Solana Price Stability and Bullish Outlook

Price-wise (25/8), SOL is currently stabilizing above the $205 zone after a strong breakout this week. Support from the 20-day Simple Moving Average (SMA) is expected at $191, which reinforces short-term stability.

This positive mood is further evidenced by the MACD indicator showing green moving bars, signaling that the SOL’s future is likely to continue to develop further to the upside.

As for the future outlook, SOL price is expected to reach $215, which was one of the resistance levels seen in March. If SOL manages to cross this obstacle, then the road to $228 and, in the future, $240 will be open.

However, this bullish trend is likely to be maintained if SOL remains on the upper side of the trend line, at the $200 level. A drop below this level could open the door for a pullback, with support levels seen at $191.

SOL continues to make progress in DEX trading volume and developer usage, proving the platform’s popularity in the blockchain market.

Due to scalability issues on the Ethereum blockchain, its efficiency and low transaction fees make SOL a favorite among DeFi users. SOL has strong market momentum to continue climbing higher.

That’s the latest information about crypto. Follow us on Google News to get the latest crypto news about crypto projects and blockchain technology. Also, learn crypto from scratch with complete discussion through Pintu Academy and stay up-to-date with the latest crypto market such as bitcoin price today, xrp coin price today, dogecoin and other crypto asset prices through Pintu Market.

Enjoy an easy and secure crypto trading experience by downloading Pintu crypto app via Google Play Store or App Store now. Also, get a web trading experience with various advanced trading tools such as pro charting, various types of order types, and portfolio tracker only at Pintu Pro.

*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.

Reference: