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Solana Tops DEX Volume and App Revenue: What It Means for Meme Tokens and Onchain Trading

Solana Tops DEX Volume and App Revenue: What It Means for Meme Tokens and Onchain Trading

Solana is making waves in the crypto world, and a recent tweet from Aditya Dave (@ad1_onchain) highlights just how dominant it's becoming. Quoting a post from SolanaNews.sol, Dave points out that Solana has claimed the top spot in decentralized exchange (DEX) volume and app revenue. For those new to the terms, a DEX is a platform where you can trade cryptocurrencies directly from your wallet without intermediaries, unlike centralized exchanges (CEXs) like Binance or Coinbase that hold your funds.

The original post from SolanaNews.sol shouts it loud and clear: "🚨BREAKING: SOLANA IS THE NUMBER 1 CHAIN IN DEX VOLUME AND APP REVENUE!!!🚨" It comes with charts showing Solana outpacing other blockchains in these metrics.

Solana DEX Volume Chart Solana App Revenue Chart

Dave builds on this by explaining why Solana's momentum isn't slowing down. He notes that "net new assets on Solana will continue to drive volume and therefore app revenue." In simple terms, as more projects and tokens launch on Solana, they attract more trading activity, which boosts fees and earnings for apps built on the chain.

He also praises recent upgrades to DEX infrastructure through pAMMs—programmable automated market makers. These are advanced tools that make trading more efficient, like smarter algorithms for swapping tokens with less slippage (that's when the price changes mid-trade). These improvements are a big deal because they make Solana's DEXes even more appealing compared to traditional CEXs.

But Dave spots a hurdle: the real bottleneck is getting more traders into the ecosystem. Right now, Solana needs a fresh wave of users to keep the volume surging. And here's his bold advice—if he were running a CEX, he'd have his whole team pivoting to build onchain products. Why? To get ahead of the trend where DEX trading is eating into CEX market share.

Take a look at this chart he shared, showing DEX spot trade volume as a percentage of CEX volume, climbing to 17.5% in October 2025:

DEX to CEX Spot Trade Volume Chart

This shift is huge for meme tokens, which thrive on Solana's fast and cheap transactions. Platforms like Raydium or Jupiter make it easy to launch and trade memes, drawing in retail traders who love the hype. As Solana's DEX volume grows, it means more liquidity for meme projects, potentially leading to bigger pumps and a richer ecosystem.

Replies to the tweet echo this excitement. One user mentions CEXs already investing in DEXes to stay relevant, while others hype the onchain future. It's clear the community sees Solana as the go-to for decentralized trading.

For blockchain enthusiasts and meme hunters, this news underscores Solana's edge. If you're into memes, keeping an eye on Solana's DEXes could uncover the next big token. And for CEX operators? Time to go onchain or risk getting left behind.

Stay tuned to Meme Insider for more updates on how blockchain trends like this are shaping the meme token landscape.

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