ChainCatcher Message, DefiLlama data reveals an interesting market dynamic: Decentralized exchanges (DEX) on the Solana chain have surpassed the total trading volume of Ethereum and Base combined in the past 24 hours. Specifically, the daily trading volume of Solana DEX reached $3.982 billion, while the DEX on Ethereum was $1.706 billion and the DEX trading volume on the Base network was $1.207 billion.

This data indicates that Solana is performing exceptionally well in on-chain trading activities, attracting a large number of users and transactions. Despite Ethereum's long-standing dominance in the decentralized finance space, Solana's rapid growth demonstrates its strong market competitiveness and potential.