In a groundbreaking development, Solana has overtaken Ethereum in decentralized exchange (DEX) volume over the past 7 days. Solana recorded an impressive $11.803 billion in DEX volume, surpassing Ethereum's $9.248 billion.

source: defilama

This significant milestone places Solana as the leading blockchain in terms of weekly DEX volume, solidifying its position as a key player in the DeFi space. Behind Ethereum, Base follows with $6.316 billion, while BSC and Arbitrum close out the top five with $5.244 billion and $3.738 billion respectively.

This shift in DEX volume highlights Solana's growing dominance in the decentralized finance sector, as more users and projects turn to its fast and scalable ecosystem.$SOL $ETH