- Buy Crypto
- Markets
Futures- Spot
- Copy Trade
- Earn
- More
Solana Leads in DEX Volume for Seventh Straight Month, Surpasses Ethereum in Staking Activity
By: nulltx|2025/05/04 05:15:02
0
Share
April delivered even more validation for Solana’s relentless march forward, as the high-speed blockchain locked in its leading position in decentralized exchange (DEX) activity and made serious strides in staking participation.For the seventh straight month, Solana was the number one chain in terms of monthly DEX trading volume—doing nearly double the volume of Ethereum’s mainnet. Furthermore, Solana’s DEX trading volume is only going to increase, with a variety of DEXes in the Solana ecosystem primed to do a great deal of business this year.Solana was excellent not just in DEX activities. More significantly, staking volume on Solana has now surpassed that of Ethereum, prompting fresh discussions surrounding network security, decentralization, and validator economics. Could staking and the validator set growing as rapidly as Solana’s be signaling a more secure and robust network than Ethereum? Solana’s rise has been placed in stark relief against the backdrop of Ethereum’s overall health.Solana Widens the DEX Gap with EthereumAcross April, the decentralized exchanges on Solana—fueled by trading platforms like Jupiter, Raydium, and Orca—were processing twice as much trading volume as Ethereum’s mainnet. This firmly established Solana as the most actively traded blockchain in the DeFi space. And this wasn’t just a one-off event. Solana’s overall trading activity on DeFi platforms kept steadily gaining on Ethereum’s trading activity during the first three quarters of 2023. But in a twist of recent events, Solana has surpassed Ethereum in DeFi trading activities since the start of Q4 2023.Traders and DeFi users continue to gravitate toward Solana’s user experience. It is true that the speed and low fees of Solana are cited often as big reasons for the network’s high throughput, but for both traders and DeFi users, the experience during times of Ethereum congestion is the real comparator. When gas is crazy, Solana is a decentralized financial superstar.The ecosystem feels these deeper effects. As liquidity, volume, and users flow into Solana’s DEXs, its crypto economy standing rises. Trader choice shows these shifts aren’t a temporary trend: they’re a structural realignment toward DEXs within the Solana ecosystem.Staking Strength and Security: Solana Overtakes EthereumSurprisingly, Solana has not only dominated trading but has also significantly outperformed Ethereum in staking volume recently. Data from April shows that Solana has indeed overtaken Ethereum in total staking volume, which is a development that carries some serious implications for both security and validator incentives.Solana's Staking Volume Surpasses ETH:Does This Mean Its Security Exceeds Ethereum's? By @0x_ToddThe maximum stake of a single ETH node is 32 ETH, while Solana has high requirements for servers, with monthly costs 5-10 times that of ETH. Lido requires nodes to use Amazon's...— Wu Blockchain (@WuBlockchain) May 2, 2025Historically, Ethereum has stressed decentralization and accessibility in its staking model. The network mandates a cap of 32 ETH that can be staked per validator, which helps ensure a diverse and distributed set of node operators. Moreover, pushes like Lido’s to encourage the use of smaller, non-centralized data center operators serve to highlight Ethereum’s ongoing efforts to avoid both single points of failure and a centralization of control.In contrast, Solana takes a more demanding approach. It requires much greater hardware performance and bandwidth to run a validator on Solana, which in turn makes operating a node five to ten times more expensive than doing so on Ethereum. This is said to be tough on would-be validators and to risk reducing Solana’s accessibility and decentralization by too much—and for too many—validators, especially when could-be validators are already worried about storage issues and the prospect of running a node in a post-Merge Ethereum world. If the concerns raised by Solana’s critics are valid, then these better be tough on validators for good reason.The increasing amount of capital at stake in Solana seems to reflect a burgeoning confidence from both institutional and individual high-net-worth players in the network’s resilience. As ever more SOL gets locked up in staking contracts, the economic security underpinning the chain’s consensus layer grows ever more robust, which ought to make the network that much more resistant to attacks or other kinds of bad behavior.Ethereum vs. Solana: A Shift in the Debate?Ethereum and Solana have been in rivalry for a long time, and this rivalry has been something of a trade-off centered on decentralization versus the performance of the two platforms, on accessibility versus scalability, on a respect for legacy platforms versus a go-forward attitude that seems to be the real engine driving innovation these days. But as Solana begins to seriously outplay Ethereum not only in trading volumes but now also in staking participation, the terms of that debate are shifting.Proponents of Solana assert that these advancements are the start of a much bigger decentralization of blockchain infrastructure. They highlight that since late 2023, the Solana blockchain has exhibited nearly flawless uptime, enabling a growing array of DeFi and NFT applications to function smoothly. They also emphasize that with a far larger and more engaged set of validators, the Solana network stands a much better chance of achieving real decentralization, another hallmark of a viable long-term blockchain.At the same time, Ethereum continues with its cautious, reasoned evolution—favoring decentralization, modularity, and a secure architectural framework that links together a limited number of validators, each serving many diverse types of clients. Supporters of this pathway contend that in the long run, it will serve both Ethereum and its users better—especially under rising regulatory pressure.Nevertheless, Solana’s model seems to be carving a path in the market. April’s numbers are a clear step in that direction. The blockchain has surged ahead in two areas—trading and staking—that not only provide it with revenue but also let it reclaim ground lost to its competitors in the space.There are two key elements to this story. First, as a decentralized exchange, Solana has reached the top in trading.Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services.Follow us on Twitter @nulltxnews to stay updated with the latest Crypto, NFT, AI, Cybersecurity, Distributed Computing, and Metaverse news!
You may also like
Dune Stablecoin Research: The Flow and Demand of a $300 Billion Market
In the dataset, transfers are no longer simply labeled as pure "transaction volume," but are classified as different on-chain activities. This is the difference between "just knowing that $100 trillion has been transferred" and "understanding why it was transferred."
Stripe Annual Letter: New cognitive density is extremely high, especially the 5-level model of "AI + Payments"
Every trend here is affecting everyone's future survival.
Sam Altman's Twenty-Four Hours: The Pentagon said "no" twice, but only one was serious
In Silicon Valley, Altman's sub-12-hour move has a name. It's not called backstabbing, it's called timing.
The US-Iran Conflict Spreads to the Crypto Space: What to Expect in the Market on Monday
The most important industry in the crypto world, only 300 kilometers away from the missile's impact point
Lily Liu, the chair of the Solana Foundation, shouted "Don't waste time on crypto," is the crypto industry really dead?
The interest of the younger generation is shifting from cryptocurrency to the field of artificial intelligence, which coincides with the current phenomenon in the cryptocurrency industry.
The little deer live by the water and grass
Mining companies have never been the most devout believers in Bitcoin. Under the pressures of halving compressing profits, financial reports showing revenue growth without profit increase, and coin prices falling below mining costs, the industry is collectively de-risking.
The world belongs to Chinese people who speak English
The world is vast, and only playing half of it is truly a loss.
Why Stop at 126K? Michael Saylor Breaks Down BTC Stagnation and Retail Absence Truth
Bitcoin is digital capital, and I will spend a thousand hours explaining it to you. Eventually, you will understand, but you will still have to endure a 45% crash.
Virtuals Protocol's inaugural Titan project: ROBO aims to give a wallet to a robot
This is a key step in Virtuals expanding the Agent Economy into the Embodied AI and Robotics field.
Stablecoin Latest Report: Actual Distribution and Circulation Much More Notable Than Supply
The Truth about Stablecoin Circulation Speed, Concentration, and Structure After Doubling the Supply
Paradigm's New Arithmetic: When Crypto Can't Hold 12.7 Billion, AI Becomes the Answer
It took Paradigm three years to emerge from the ruins of FTX.
Wintermute Founder: In the Lost Cryptocurrency Market, What Can We Still Do?
This is more like a manifesto, discussing "the very reason we are here."
$1.3 Billion Debt: BitDeer Faces Tough Battle
Wu Jihan is waiting for AI's money to catch up with the speed of debt.
Anthropic's IPO Gamble: At the Most Unlikely Moment, It Chose to Say No
In the AI Era, what is the most valuable thing?
Paradigm's Math Problem: $12.7 Billion, Too Big for a Single Crypto Fund
Emerging from the ruins of FTX, Paradigm took three years
Ethereum Unveils Scaling Roadmap, What's Different This Time?
Short-term improvements to execution efficiency through the Gas mechanism optimization and block validation parallelization, and long-term scalability through ZK-EVM and blobs data architecture.
Anthropic Ban Wave, OpenAI $100 Billion Funding Controversy: What Is the Overseas Crypto Community Talking About Today?
What Have Foreigners Been Most Interested in Over the Last 24 Hours?
Morning News | OpenAI receives $110 billion investment; Solana launches Solana Payments; M0, MoonPay, and PayPal jointly launch PYUSDx
Overview of Important Market Events on February 27
Dune Stablecoin Research: The Flow and Demand of a $300 Billion Market
In the dataset, transfers are no longer simply labeled as pure "transaction volume," but are classified as different on-chain activities. This is the difference between "just knowing that $100 trillion has been transferred" and "understanding why it was transferred."
Stripe Annual Letter: New cognitive density is extremely high, especially the 5-level model of "AI + Payments"
Every trend here is affecting everyone's future survival.
Sam Altman's Twenty-Four Hours: The Pentagon said "no" twice, but only one was serious
In Silicon Valley, Altman's sub-12-hour move has a name. It's not called backstabbing, it's called timing.
The US-Iran Conflict Spreads to the Crypto Space: What to Expect in the Market on Monday
The most important industry in the crypto world, only 300 kilometers away from the missile's impact point
Lily Liu, the chair of the Solana Foundation, shouted "Don't waste time on crypto," is the crypto industry really dead?
The interest of the younger generation is shifting from cryptocurrency to the field of artificial intelligence, which coincides with the current phenomenon in the cryptocurrency industry.
The little deer live by the water and grass
Mining companies have never been the most devout believers in Bitcoin. Under the pressures of halving compressing profits, financial reports showing revenue growth without profit increase, and coin prices falling below mining costs, the industry is collectively de-risking.
App