🚀 Solana surpasses Ethereum in DEX volume — but what about the price action? 👀

$SOL just hit $64.1B in DEX volume over the past 30 days, overtaking Ethereum.

And yet… the price hasn’t broken past $180. Here’s why:

📉 Memecoin hype is fading (GIGA, WIF, BONK all down 25%+)

📉 Overall activity still 91% below January peak

⚠️ Strong competition from Hyperliquid, dominating perpetuals with $234B in volume

🟢 Still, there’s hope:

👉 A Solana ETF could be approved by October

👉 Low fees + high scalability remain key technical advantages

🔮 If the ETF lands and altcoin momentum returns, $SOL might break $180 sooner than expected.

#Solana #DEX #CryptoAnalysis #SOL #AltcoinWatch #ETF #Write2Earn