Ethereum has regained its position as a leader in the decentralized exchange market, surpassing Solana on key trading volume metrics. Data from DeFiLlama shows an increase in fees and overall DEX activity.
Ethereum Reclaims Leadership in DEX Market
Ethereum is again dominating the DEX market after months of Solana's dominance. According to DeFiLlama, Ethereum recorded $42.6 million in fees over a 24-hour period, surpassing Solana's $33.7 million. This shift reflects real changes in user activity and trading confidence.
Whales Place Bold Bets on Ethereum Despite Market Pressure
Large holders of Ethereum are opening long positions, indicating confidence in the coin’s future. According to crypto analyst TedPillows, on June 13, 2025, a whale opened a long position worth $16.6 million, and just days earlier, another investor made an $11.15 million bet at 25x leverage. These actions influence market perception and can lead to price and liquidity changes.
Ethereum's DEX Growth Tested by Market Downturn
Despite Ethereum's DEX achievements, the crypto market remains unstable. Ethereum reported $42.6 million in fees while Solana recorded $33.7 million, indicating continued strong activity. Analysts suggest Ethereum's ability to stay ahead may rely on how long-term investors respond to current trends.
Ethereum has once again claimed the lead in the DEX market, overtaking Solana, underscoring the network's strength and interest from large investors. However, despite current earnings, the market remains under pressure, and future changes depend on various factors.
