Solana Leads Layer-1 and Layer-2 Chains in DApp Revenue and DEX Volume

Data indicates Solana is leading layer-1 and layer-2 networks in DApp revenue and DEX activity, with weekly Solana-based spot DEX volume also exceeding Coinbase and Kraken while trailing Binance and Bybit.

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Summary

The combined updates indicate that Solana continues to outperform all layer-1 and layer-2 blockchain networks in daily and weekly DApp revenue and DEX volume, signaling strong recent activity across decentralized applications and on-chain trading. Weekly data also shows Solana-based decentralized exchanges posting spot trading volume above major centralized exchanges including Coinbase and Kraken, while ranking behind Binance and Bybit. Together, these measures point to sustained user demand, liquidity, and network engagement on Solana, although the sources do not provide exact figures, methodology, or a more specific timeframe beyond daily and weekly references.

Terms & Concepts
  • DApp: A decentralized application that runs on a blockchain network using smart contracts rather than a centralized server.
  • DEX: A decentralized exchange is a crypto trading platform that lets users trade or swap assets directly on-chain without a centralized intermediary.
  • Spot trading: Spot trading is the direct purchase or sale of an asset at the current market price for immediate settlement.