Ethereum Overtakes Solana as Top DEX Chain Amid Market Downturn

Quick Summary:

Ethereum has regained its position as the top decentralized exchange (DEX) chain, overtaking Solana for the first time since September.

The shift happened in March as bearish market sentiment, especially in the memecoin sector, led to a decline in activity on Solana-based platforms like Raydium and Pump.fun.

The surge in Solana’s DEX activity earlier in the year coincided with the launch of Donald Trump’s TRUMP token.

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Article Details

Author / Journalist: Sindhu

Category: Crypto

Markets: United Arab Emirates

Topics: Solana ETHEREUM Market Updates DEX Editors News Investing Analysis ETH

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-01 @ 12:31:27 (1 days ago)

News Timezone: GMT +0:00

News Source URL: thenewscrypto.com

Language: English

Article Length: 362 words

Reading Time: 3 minutes read

Sentences: 32 lines

Sentence Length: 12 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © TheNewsCrypto

News ID: 27517750

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About TheNewsCrypto

Main Topics: Crypto

Official Website: thenewscrypto.com

Update Frequency: 37 posts per day

Year Established: 2020

Headquarters: United Arab Emirates

News Last Updated: 12 hours ago

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