Solana Extends Streak, Outshines Ethereum in DEX Volume – Details

Solana is holding its dominance in decentralized finance with a striking performance in ￰0￱ indicate that DEX activity on its network hit $124 billion during the month, extending a winning streak against Ethereum to 10 straight ￰1￱ say this gives Solana a 40% edge over its rival in this segment, signaling a clear shift in user ￰2￱ Reading: Ether Soars In August—But Will September Spoil The Party? Developer Shift Accelerates Reports have disclosed a sharp rise in new projects choosing ￰3￱ DAO data show that more than 40% of founders in the first half of 2025 picked Solana, up from 25% a year ￰4￱ change is being linked to Solana’s ability to run large numbers of transactions quickly and at low cost, which makes it attractive to teams building performance-focused DeFi ￰5￱ week in data by @SolanaFloor: Solana outpaced Ethereum in DEX trading volume for the 10th consecutive month, reaching $124B in July, 42% higher than ￰6￱ — Solana (@solana) August 23, 2025 Developers say they want speed and predictable ￰7￱ offers ￰8￱ move by creators is not trivial; it reshapes where new liquidity and smart-contract work gets built.

Solana’s DEX volumes have not just grown; they have been ￰9￱ 10 straight months Solana has outpaced Ethereum on that ￰10￱ streak is ￰11￱ shows trading activity and automated market makers on Solana are ￰12￱ point out that higher DEX throughput can draw more users, and more users can bring more developers. A feedback loop can ￰13￱ And Technical Signals Based on reports, SOL is trading above the $205 zone after a recent ￰14￱ 20-day SMA sits near $191 and is being watched as short-term ￰15￱ indicators are cited as ￰16￱ MACD is showing green movement bars, which some traders interpret as upward momentum. $SOL is on a one-way ticket to the moon. 🚀 After a brutal drop, Solana has found its footing and is riding a perfect uptrend ￰17￱ path to $300 is wide open ￰18￱ — 𝐊𝐚𝐦𝐫𝐚𝐧 𝐀𝐬𝐠𝐡𝐚𝐫 (@Karman_1s) August 24, 2025 Analysts have set nearby resistance points at $215, $228, and $240.

Kamran Asghar is among those forecasting a longer-term target of $300 if current trends ￰19￱ the same time, Ethereum has been volatile: it fell below $4,800 and briefly swung from about $4,940 down to under $4,720 within hours, a move that underscored how choppy markets ￰20￱ was echoed by crypto analyst Ali on X, suggesting his bearish opinion as the market changed in sentiment. IT’S SO OVER! $ETH ￰21￱ — Ali (@ali_charts) August 24, 2025 Related Reading: Bitcoin’s Next Stop For 2025? $175,000, According To SOL Strategies Boss Solana’s gains are happening while Ethereum handles continued institutional demand and holds leadership in other ￰22￱ contrast suggests the market is fragmenting in where different types of activity concentrate — DEX volume on one chain, institutional flows on ￰23￱ shift of new projects toward Solana is being framed as a practical response to throughput limits rather than as a wholesale rejection of ￰24￱ image from Equiti, chart from TradingView