Solana (SOL), chain top-level one (L1), has become the top blockchain in decentralized exchange (DEX) volume in March, leading Ethereum (The price of ETHand 32%.
As of March 26, the monthly volume of Solana DEX stood at approximately $49.46 billion, which accounted for 26.94% of the reported volume of the entire network. During the same period, the Ethereum network recorded a DEX transaction volume of approximately $37.47 billion.
The DEX trading volume Binance-backed BSC and Coinbase-backed Base reached about $25.29 billion and $21.37 billion, respectively, so their combined has been below the number of Solana.
Furthermore, Solana has registered DEX volume of $12.36 billion in the last seven days and $59.94 billion in the last 30 days, well surpassing its closest competitors.
On Thursday, the top performing DEXs on Solana’s network included Humidifi, Orca, Meteora, Manifest, Raydium, and PumpSwap, all of which account for Solana’s on-chain trading volume. data from CoinGecko.
What is the percentage increase of Solana DEX in the price of SOL?
Although Solana’s DEX volume exceeded other chains, it fell significantly from the peak of $156.20 billion recorded in October 2025.
Over the past 30 days, SOL’s price has risen 13.58% to trade around $87.40 at the time of publication. As a result, the capitalization of the altcoin market increased to about $43 billion.
Historically, an increase in DEX volume is associated with an increase in demand, which has an influence on the general price of crypto and vice versa.
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