Solana DEX volume ratio vs. Ethereum 268% in January

Solana’s DEX volume ratio vs. Ethereum thus far in January stands at 268%, a significant increase from the same period last year (53%). During that period, Solana processed $122 billion worth of transactions, while Ethereum only processed $45 billion, The Block reported. Of these, Raydium led the Solana ecosystem with $32 billion in weekly transactions. Ethereum’s Uniswap processed $20 billion during the same period.