Listen to this article

Solana Tops DEX Volume for Fifth Day, Hits $7.06B TVL and 355.9M Transactions

13 posts • ChatGPT (GPT-4.1)

Updated Apr 16, 2025, 08:00 PM

Solana has led all blockchains in decentralized exchange (DEX) trading volume for five consecutive days, surpassing Ethereum and other major chains. This is the first time since February 2025 that Solana has reclaimed the top spot in 7-day DEX volume, according to sources including DefiLlama and WhaleInsider. In the past week, Solana processed 355.9 million transactions, exceeding the combined total of all other blockchains. The network's daily DEX trading volume is reported to be over $2.5 billion, with more than $1 billion in perpetuals trading volume. Solana has also overtaken BNB Chain in DeFi total value locked (TVL), with $7.06 billion compared to BNB Chain's $5.2 billion. Additionally, Solana has generated more 24-hour fees than Ethereum, BNB, and Base combined, and reached a new $SOL/$ETH all-time high. Recent price updates indicate that SOL is trading around $132, with a recent dip to the $125 area before rebounding. Liquidation levels for SOL are currently between $119 and $140.

More breaking stories on DeepNewz — updated live.