According to GeckoTerminal, Solana processed 14,185,459 transactions in the last 24 hours, surpassing Ethereum’s 268,621 transactions. Solana’s total value locked (TVL) in decentralized exchanges reached $75.73 billion, surpassing Ethereum’s $5.58 billion.
Additionally, Solana recorded a 24-hour trading volume of $4.12 billion, more than three times that of Ethereum’s $1.48 billion.
GeckoTerminal tracks six major DEXs on the Solana network and 640,576 pools, supporting 576,680 tokens. In comparison, Ethereum has 54 DEXs, 379,706 pools and 355,600 tokens. Despite fewer DEXs, Solana’s network activity and liquidity are higher based on these metrics.
Other networks like Base, BNB Chain, and Cronos also rank in the top five by DEX TVL. Base ranks second with a TVL of $4.51 billion and 1,793,904 transactions in the last 24 hours. BNB Chain and Cronos follow with varying numbers in terms of transactions and TVL.
| Rank | Name | TVL | 24h volume | 24/7 transactions | Total DEXs | Total pools | Total tokens |
|---|---|---|---|---|---|---|---|
| 1 | Solana | $75,731,228,849.92 | $4,124,882,233.21 | 14,185,459 | 6 | 640 576 | 576 680 |
| 3 | Ethereum | $5,576,125,317.64 | $1,475,778,717.02 | 268,621 | 54 | 379,706 | 355,600 |
| 2 | Base | $4,509,794,024.89 | $1,294,314,999.99 | 1,793,904 | 71 | 879,057 | 855 744 |
| 4 | BNB Channel | $1,352,512,780.10 | $655,219,372.09 | 983,500 | 116 | 1,619,917 | 1,478,182 |
| 5 | Kronos | $948,288,513.08 | $3,725,683.07 | 16,626 | 24 | 27,410 | 19,976 |
However, when evaluating the total value locked (TVL) across all chains, including staking, Ethereum leads with $49.96 billion, according to DeFiLlama. The network hosts 1,203 protocols and has 329,968 users in the last 24 hours. Although Ethereum’s TVL decreased by 1.23% over the past day, it saw an increase of 6.13% over the past week and 1.94% over the past month.
Tron ranks second with a TVL of $6.979 billion, supporting 34 protocols and attracting 2.28 million users in the last 24 hours. Solana follows closely with a TVL of $6.233 billion, hosting 171 protocols and registering 5.49 million users. Notably, Solana saw an 11.68% increase in TVL over the past month despite a 3.03% drop in the last day.
Binance Smart Chain comes in fourth, with a TVL of $4.648 billion, encompassing 805 protocols and 932,632 users in the last 24 hours. Base ranks fifth with a TVL of $2.626 billion and 1.32 million users. Over the past month, Base TVL has increased by 15.68%, indicating significant adoption.
| Rank | Name | TVL | Stables | 24h volume | 24h charges | Mcap/TVL |
|---|---|---|---|---|---|---|
| 1 | Ethereum | $49.96 billion | $83.699 billion | $1.498 billion | $4.97 million | 6.36 |
| 2 | Tron | $6.979 billion | $60.557 billion | $34.78 million | $1.7 million | 2.1 |
| 3 | Solana | $6.233 billion | $3.755 billion | $1.578 billion | $3.74 million | 13.17 |
| 4 | B.S.C. | $4.648 billion | $5.477 billion | $694.95 million | $313,670 | 6:31 p.m. |
| 5 | Base | $2.626 billion | $3.788 billion | $1.305 billion |
These figures provide a broader perspective on network activity by including all forms of TVL, not just decentralized exchanges.
