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 (DeFi), beating Ethereum on decentralized exchanges (DEX) for ten consecutive months.

Solana Beats Ethereum in DEX Trading Volume

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.

Read also: Ethereum Price Drops 6% on August 26, 2025 as Market Dominance Hits 14%

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.

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.

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

Read also: Metaplanet Acquires 103 Bitcoin (BTC) Worth $11.6 Million, Becoming Asia’s Largest Holder!

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.

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*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:

• TronWeekly. Solana Beats Ethereum for 10th Consecutive Month in DEX Trading Volume. Accessed on August 26, 2025