๐๐๐ ๐ฏ๐ฌ. ๐๐จ๐ฅ๐๐ง๐
We're in the golden age of DEX competition.
For the first time in 2025, DEX trading volume hits 20% of CEX levels.
BNB and Solana are at the forefront of this shift.
๐๐๐ ๐๐ก๐๐ข๐ง ๐๐ญ๐๐ญ๐ฌ:
- Trading Volume: $1.65B (up 66.8% week over week)
- Active Wallets: 1.32M (up 37.4%)
- Powered by Binance, offers low transaction fees, compatible with EVM
Daily Fees: $5.8M, outpacing Solana
๐๐จ๐ฅ๐๐ง๐ ๐๐ญ๐๐ญ๐ฌ:
- Trading Volume: $1.07B (down 28.8% week over week)
- Active Wallets: 4.08M (three times that of BNB but decreasing)
- Known for speed and low costs, though signs of user fatigue are emerging
๐๐ฎ๐ซ๐ซ๐๐ง๐ญ ๐๐ซ๐๐ง๐๐ฌ:
Solana has more users but generates less volume.
BNB has fewer users but a higher volume.
Post-CZ, Binance is making aggressive moves.
๐๐๐ซ๐ค๐๐ญ ๐๐ฒ๐ง๐๐ฆ๐ข๐๐ฌ:
Are DEX platforms reaching a CEX-level user experience?
Liquidity is becoming more concentrated.
Rise of hybrid trading models.
๐๐ก๐๐ญโ๐ฌ ๐๐๐ฑ๐ญ?
Short-term: BNB leads in volume while Solana has more users.
Long-term: Both could remain strong, or BNB might surpass Solana.
This is just the start of the DEX Warring States.