Decentralized exchange (DEX) Volumes in Ethereum have jumped to Solana for the first time since April after a rapid change in feeling far from Memecoins based in Solana and Ether towards Ether Eth In the middle of a wave of institutional activity.
During the last 48 hours, Ethereum based in Ethereum has facilitated $ 24.5 billion in negotiation volume compared to the $ 10 billion solar account, according to defillama.
The two weeks before they were also dominated by Ethereum, with a total of $ 28 billion and $ 27 billion exceeding the total solar of $ 20 billion and $ 24 billion.
This represents a contrast in the behavior of the merchant at the beginning of this year, which was dominated by the Solana and BNB chain in a memecoin speculative trade wave.
However, institutional flows in ETF Spot Ether have driven the second largest cryptocurrency, raising it to $ 4,680 this month after a 53% gain in the last 30 days.
Coinglase data show that ETF’s net tickets exceeded $ 1 billion for the first time, this was followed by a more implacable purchase on Tuesday with another $ 523 million ticket.
Solana, meanwhile, seems to have lost her magic in the second quarter of this year. In January, for example, Dex Volumes exceeded $ 98 billion in a week and $ 84 billion in the next. That exaggeration decreased after the president of the United States, Donald Trump, released Trump Memecoin, who finally lost more than 88% of his value during the later seven months, a moment that erased the confidence of investors in Memecoins.
UNISWAP remains the most used DEX in Ethereum with $ 8.6 billion that are negotiated in the last 24 hours, the next best is fluid, which exceeded $ 1 billion during the same period.
The change in behavior could be a good omen for the tokens of bets based on Ethereum, which experienced an impulse after the clarification of the SEC last week. Tokens such as Ldo, the governance token of the Lido liquid bet protocol has increased by 65% during the past week.
