Solana (SOL) has overtaken Ethereum (ETH) to rank first in March decentralized exchange (DEX) trading volume, underscoring the network’s continued strength in on-chain activity even as its token price slides amid a broader risk-off market. Data cited in the report shows Solana generated approximately $49.46 billion in DEX trading volume over March, putting it about 32% ahead of Ethereum for the month.
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