Since October 2024, Solana accumulates better quantity of commerce in Dex than Ethereum.
Ethereum retains a better TVL than Solana.
The rivalry between Solana (Sol) and Ethereum (ETH) has reached new ranges. At the moment, metrics on-chain They point out that the Solana ecosystem is surpassing Ethereum’s by way of exercise and adoption.
What are the measurements that favor Solana over Ethereum? Right here the reply:
Solana accumulates extra quantity in Dex since October
From October 2024 to the current, the community Solana registers a better quantity of commerce in its exchanges decentralized (DEX), in comparison with these of Ethereum.
So removed from February, Solana exceeds 53 billion {dollars} in quantity of commerce in its DEX, whereas the community co -founded by Vitalik Buterin accumulates 32,000 million {dollars}, in keeping with defillion knowledge.
With respect to the quantity of commerce in Dex, essentially the most cumbersome distinction occurred in January 2025, when Solana completed that month with greater than 260,000 million {dollars} and Ethereum beneath 90,000 million {dollars}.
Moreover, from the tip of 2023 to the current, Solana reveals considerably better adoption by way of each day lively accounts in comparison with Ethereum.
In line with knowledge from the Artemis platform, on February 10, Solana registers 6.6 million lively addresses, in comparison with 500 thousand Ethereum.
The biggest quantity of lively each day addresses, in addition to a better operation in quantity of commerce, could in all probability be defined by the fever that the market feels by the memecoins of the solana ecosystem, similar to these issued by the president of the USA. Donald Trump (Official Trump) or the Deepseek AI token.
Solana is presently extra worthwhile than Ethereum
Though previously Ethereum has been a extra sustained community extra worthwhile than Solana, this pattern was reversed for the reason that final days of January 2025.
On January 19, Solana surpassed Ethereum by elevating 1.5 million {dollars} extra. Since then, Solana has maintained this superiority, even growing the distinction (besides February 2 and three).
For instance, on February 10, 2025, Solana obtained income of greater than 3 million {dollars}whereas Ethereum solely managed to exceed 345 thousand {dollars}, as proven by the Artemis website graph.
The income of a community ponder statistics such because the commissions paid by the customers in every transaction, quantity of transactions, how a lot new issuance there may be, what proportion of that issuance and commissions will validate, amongst others.
With respect to charges for commissions paid by customers (Charges Gasoline), Solana obtained 6.3 million {dollars} and Ethereum 1 million {dollars}, in keeping with Artemis.
This measurement displays a pattern equivalent to the profitability of the earlier graph, with Ethereum being traditionally superior, however Solana taking the entrance since January 2025.
Solana processes extra transactions
Solana displays, with respect to the primary community of Ethereum, a quantity of transactions larger within the final 24 hours, 7 days and 30 days, and in by-product markets.
Whereas in Ethereum there are values of two,000 million {dollars} (24h), 16,000 million (7D) and 95,000 million {dollars} (30D), Solana exceeds these figures in all temporalities: virtually 5,000 million {dollars} (24h), 31 billion of {dollars} (7d) days and 269,000 million {dollars} (30D), as defiliated.
These quantities point out The negotiated or transferred quantity by means of protocols in every chain in several intervals. In line with Defillama knowledge, Solana would have a bigger quantity, which may contain extra frequent transactions or a better motion of quick -term belongings.
Relating to quantity in perpetual futures markets (“perps quantity”) That they run on every community within the final 24 hours, Ethereum data 554 million {dollars}, being relegated by Solana that reaches virtually 840 million {dollars}. A better quantity on this part suggests a extra intense use of economic derivatives.
He “perps quantity” It’s normally the sum of perpetual derivatives or future which might be operated in dex and protocols on-chain of every community (Ethereum, Solana, and so on.), greater than the quantity of token futures itself in centralized exchanges.
Ethereum retains a (nice) level in favor
Though Solana stands out in a number of metrics, similar to the quantity of transactions and the usage of derivatives, Ethereum retains a complete blockade (TVL) a lot larger, with 62,000 billion {dollars} in comparison with 11,000 billion solana, in keeping with Defillama.
The TVL measures the quantity of funds blocked in decentralized finance protocols (DeFi) and normally displays the arrogance of customers and builders in a sure community, in addition to the exercise and variety of purposes which might be executed in it.
Thus, whereas the quotes of the native tokens of each chains, solar and eth, a battle within the cryptocurrency market, the metrics are disputed on-chain They replicate that the Solana community exposes better exercise, even when Ethereum maintains its excessive TVL.
