Also, the largest volume in decentralized exchanges reached Solana. Solana was able to surpass Ethereum by about $16 million. In total, the total volume of Solana and Ethereum is 1.149 and 1.133 billion dollars respectively. Bitcoin Cash and Arbitrium are in the third and fourth place with volumes of 397.56 and 248.29 million dollars.

All these factors together underline Solana's growing importance in the decentralized (DeFi) space. It is also possible to understand the capabilities of this cryptocurrency to become the top altcoin in the crypto industry.

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