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Crypto DeFi

Solana Tops All L1 and L2 Chains in DEX Volume for 5th Straight Week

Solana’s decentralized exchange trading volume has exceeded that of all other Layer 1 and Layer 2 chains combined for a fifth consecutive week. The streak marks a sustained lead in on-chain trading activity for the network.

Original source

AI take

Five consecutive weeks of leading all other L1 and L2 chains combined is the more telling detail here — it points to consistency rather than a single volume spike, which matters for how the network's liquidity is perceived relative to rivals. The relevant question is whether this concentration of on-chain trading activity holds as market conditions shift, and whether other chains respond competitively. Sustained dominance in DEX volume tends to shape where builders and liquidity gravitate next.

Generated by AI for reference only.

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