Solana Flips Ethereum and BSC in DEX Dominance—$2.8B Daily Volume Stuns Market

Solana’s DEX volume just pulled off a coup—$2.8 billion in daily trades leaves Ethereum and Binance Smart Chain eating dust. The ’ETH killer’ narrative gets fresh ammo as retail and degens pivot to cheaper fees and faster settlements.

Behind the numbers: Meme coin mania and NFT arbitrage flooded Solana’s rails last quarter, while Ethereum’s layer-2 patchwork struggled with withdrawal delays. Even BSC’s ’low-cost’ appeal wobbled as congestion spiked gas fees.

The kicker? This surge happened while Wall Street was busy overengineering another blockchain ETF that’ll inevitably underperform Bitcoin. Web3 moves fast—turns out traders prefer functioning infrastructure over financialized buzzwords.

Binance Smart Chain (BSC) followed closely at $2.05 billion, with Base and Arbitrum lagging behind at $725.93 million and $504.22 million, respectively.

For the first time, Solana isn’t just in the conversation — it’s ahead of the pack.

Much of this activity continues to flow through Jupiter, the leading DEX aggregator on Solana. Jupiter didn’t just ride the January wave — it owned it. With smooth UX and deep liquidity, it stayed the top pick for Solana traders when things got wild.

Now, can Solana keep this pace? Hard to say. The rally buzz has faded, and other chains are gearing up. But as of now, Solana’s running the DEX show — both in daily numbers and year-to-date totals.

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