Solana is holding its dominance in decentralized finance with a placing efficiency in July. Experiences point out that DEX exercise on its community hit $124 billion throughout the month, extending a successful streak towards Ethereum to 10 straight months. Analysts say this provides Solana a 40% edge over its rival on this phase, signaling a transparent shift in person habits.
Associated Studying
Shift To Solana Picks Up Pace
Experiences have disclosed a pointy rise in new tasks selecting Solana. Alliance DAO knowledge present that greater than 40% of founders within the first half of 2025 picked Solana, up from 25% a yr earlier.
That change is being linked to Solana’s capacity to run giant numbers of transactions rapidly and at low price, which makes it engaging to groups constructing performance-focused DeFi apps.
This week in knowledge by @SolanaFloor:
Solana outpaced Ethereum in DEX buying and selling quantity for the tenth consecutive month, reaching $124B in July, 42% increased than Ethereum. pic.twitter.com/TT0nb8wrtm
— Solana (@solana) August 23, 2025
Builders say they need velocity and predictable charges. Solana affords each. The transfer by creators will not be trivial; it reshapes the place new liquidity and smart-contract work will get constructed.
Solana’s DEX volumes haven’t simply grown; they’ve been sustained. For 10 straight months Solana has outpaced Ethereum on that metric.
That streak is uncommon. It exhibits buying and selling exercise and automatic market makers on Solana are busy. Onlookers level out that increased DEX throughput can draw extra customers, and extra customers can carry extra builders. A suggestions loop can kind.
Technical Indicators
Based mostly on stories, SOL is buying and selling above the $205 zone after a latest breakout. The 20-day SMA sits close to $191 and is being watched as short-term help.
Market indicators are cited as optimistic. The MACD is exhibiting inexperienced motion bars, which some merchants interpret as upward momentum.
$SOL is on a one-way ticket to the moon. 🚀 After a brutal drop, Solana has discovered its footing and is driving an ideal uptrend channel. The trail to $300 is broad open pic.twitter.com/vR4HdL272O
— 𝐊𝐚𝐦𝐫𝐚𝐧 𝐀𝐬𝐠𝐡𝐚𝐫 (@Karman_1s) August 24, 2025
Analysts have set close by resistance factors at $215, $228, and $240. Kamran Asghar is amongst these forecasting a longer-term goal of $300 if present developments persist.
On the similar time, Ethereum has been unstable: it fell under $4,800 and briefly swung from about $4,940 right down to below $4,720 inside hours, a transfer that underscored how uneven markets stay. This was echoed by crypto analyst Ali on X, suggesting his bearish opinion because the market modified in sentiment.
IT’S SO OVER! $ETH pic.twitter.com/atcQbHhMJi
— Ali (@ali_charts) August 24, 2025
Associated Studying
Solana’s features are taking place whereas Ethereum handles continued institutional demand and holds management in different measures.
That distinction suggests the market is fragmenting in the place various kinds of exercise focus — DEX quantity on one chain, institutional flows on one other.
The shift of latest tasks towards Solana is being framed as a sensible response to throughput limits somewhat than as a wholesale rejection of Ethereum.
Featured picture from Equiti, chart from TradingView
