- Solana achieved a record 7-day DEX volume of $15.749B, overtaking Ethereum amid strong engagement, with Raydium active in the ecosystem globally today.
- Raydium introduced LaunchLabs, a community-first token launchpad, fueling project growth and innovation that bolsters Solana’s already leading decentralized trading network for traders.
- The combined strength of Solana and Raydium’s dynamic initiatives challenges Ethereum’s dominance, shifting market activity towards lower fees and faster transaction speeds.
During the past seven days Solana maintained the highest decentralized exchange volume position on the market above all other blockchain systems. Solana continues its crypto trading market expansion because of its reliable network performance and strengthening community platforms.
Solana Surpasses Ethereum in Weekly DEX Volume
Cointelegraph recorded on April 16, 2025 that Solana surpassed Ethereum when it came to DEX volume measured over seven days through data showing total transactions valued at $15.749 billion on Solana versus $14.933 billion on Ethereum. Regulatory changes in trading preferences indicate that Solana is currently increasing in demand due to its efficient transaction costs and high speed processing capabilities.
Solana’s performance is notable as Ethereum has long been the leader in decentralized finance. The transition may reflect ongoing interest in faster and cheaper alternatives. The increased DEX activity is also linked to current trends in meme coins and NFTs, which continue to thrive on the Solana network.
Cointelegraph shared the development in a tweet, confirming that “Solana flips all other chains in 7-day DEX volume.” This recognition adds to the network’s momentum in both usage and visibility across the crypto community.
LaunchLabs Boosts On-Chain Engagement
Supporting this growth, Raydium has introduced LaunchLabs, a new community-first token launchpad built on Solana. The launchpad arrives during a period of strong DEX performance, averaging over $2 billion per day on the network.
A tweet from mominsaq outlined the excitement, stating, “Raydium launches LaunchLabs, a competitor to Pumpfun!” The tweet also noted the positive market reaction, with $RAY gaining 15% in one day and more than 50% over the week. The first token launched through the platform, $TIME, quickly crossed a $4 million market cap.
LaunchLabs is expected to improve the onboarding process for token launches while offering a more accessible interface for users. As more developers and projects seek entry into the Solana ecosystem, tools like LaunchLabs may support continued growth in trading activity.
A Shifting Competitive Landscape
Solana’s rise in DEX volume reflects broader changes in blockchain adoption. Base, BSC, and Arbitrum followed in the rankings, but none crossed the $5 billion mark for the week. This separation highlights Solana’s lead among networks focused on peer-to-peer trading.
With active platforms like Raydium expanding their services, Solana’s ecosystem shows signs of further development. The network’s ability to support high-volume activity with low fees may continue to attract traders and project developers.
As market dynamics evolve, Solana appears positioned to remain a central player in decentralized exchange growth.
