Solana remains strong, leading DEX volume for the fifth month with $105B in February. Meanwhile, over $700M in assets moved to its chain, with $400M from Ethereum.
NFT adoption is also rising, with 146K users. As Solana breaks key resistance, new price targets come into view.
Solana continues to dominate DEX volume statistics, just as it did in previous months.
Solana maintains its position as the leader for five consecutive months without any indication of stopping. The February data confirms that Solana maintains its position at the top.
Trading volume continues to grow steadily, according to data from DeFiLlama. The chain established $105 Billion in total trade in February, which strengthened its established leadership position.
Binance Smart Chain and Ethereum maintained second and third positions, while Base and other chains trailed behind. The ranking system maintains Solana as the first entry every time it repeats.
Dexs volume by chain | Source: DefiLlama
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