Discourses surrounding Ethereum have been largely dominated by the “future and darkish” narratives of the previous month, however latest knowledge present In style blockchain networks shouldn’t be amortized but.
Based on knowledge supplied by Defillama, Ethereum was in a position to outperform Solana in month-to-month distributed alternate (DEX) quantity for the primary time since November. The 2 chains recorded buying and selling volumes price $64.7 billion and $52.6 billion, respectively. The BNB Chain (BSC) ranks third with $44.2 billion.
To date, Ethereum has additionally led this month, however the leads above Solana are extraordinarily slim ($3.3 billion and $3.2 billion respectively).
In March, Ethereum was solely third (behind Solana and BNB).
UNISWAP continues to be the preferred and decentralized alternate with buying and selling volumes exceeding $9 billion every week.
Ethereum’s disastrous value motion was one of many main tales of the primary quarter. Main altcoins fell an extra 38% in opposition to Bitcoin in 2025 after shedding 33% in 2024. It’s at present purple for the fourth 12 months in a row.
The efficiency degradation is partly attributable to Layer 2 networks that steal the gloss of the community.
That stated, latest knowledge exhibits that Ethereum stays a scary participant within the defi division regardless of dealing with powerful competitors from numerous “killers”, together with Solana.
Sol has to this point surpassed ETH, incomes 15% this 12 months.
