News and analysis on encrypted currencies, Blockchain and decentralized financing

Raydium for decentralized exchange (DeX) has exceeded its competing rival in terms of folders registered during January.

The well -known trading platform of Solana is rapidly growing in the aftermath
Solana as a whole also determines more attractive standards on the chain compared to Ethereum, to the extent that EVM leadership is at risk.

Let’s see all the details below.

Raydium surpasses uniswAP and records the top DEX folders in January

Raydium record, a well -known central exchange on the basis of Solana, just Market share of 27 % of all DEX folders It relates to January.

These numbers, with a strong growth of 18.8 % stake in December, is incredibly higher compared to another competing encryption platform UNISWAP.

The latter, the leader of the DeX sector since 2019, was responsible for only 22 % of the sector volumes in January, leaving the priority to Raydium.

UNISWAP boasted with a market share of 34.5 % in December, but outperformed growth commerce The activity that was observed on Solana Blockchain, where Memecoins took the bull from the pods.

At the same time, UNISWAP has lost confidence from the Ethereum community, With many users who express their opposition to the recent movements you took Ethereum Foundation. Among these, we can mention the continuous sales of ETH to finance its operations and not focus on current trends such as artificial intelligence andmeal.

Raydium is grateful to these tribulations, and the Dex sizes are more monthly than the competitor’s exchange for the first time since its inception.

Meanwhile, Pies From the BNB series, the platform closes the market share by 17 %, and expands quickly compared to the numbers at the end of 2024.

Orca and Meteora, which also belongs to the Solana Ecosystem system, ranked fourth and fifth in the ranking, respectively.

Raydium grows thanks to memecoin and leads the Dex folder record on Solana Blockchain

As we mentioned, the last success of Raydium was amplified in the Dex sector by the powerful Mumikwin narration That exploded in January.

The trading platform has already helped through the intensive negotiations that occurred to The official Mimikoin for US President Donald Trump, It was launched on the Solana Network.

In particular, the distinctive symbol Trump He exploded in the early days of trading, attracting hundreds of thousands of merchants Billions of dollars in deals.

In such a scenario, Raydium witnessed an increase in its share in the Dex market, which leads in parallel with growth in TVL.

Keep in mind that from the beginning of the year until January 26, Raydium has witnessed a 50 % increase in the closed capital of the capital inside, before restoring a little in conjunction with the collapse of the encryption market.

As of today, the Exchange TVL has a value of $ 2.2 billion, which is a slightly higher value than the top of 2021. In comparison, the UISWAP is still 50 % withdrawal compared to ATH.

The Raydium’s larger attraction also affected the uniswap on the BLOCKCHAIN ​​size.

In January, in fact, Solana was treated 3 times the Ethereum foldersContinuing in the direction of the bull that started in October 2024.

Until that moment, in fact, Ethereum has always scored higher sizes than any other series, and has not left room for possible competition.

Now it seems that Solana prevails in the Dex world: During one week of TROMP, the series has been treated 5 times more than that of users on ETAREUM.

Solana is better than ethereum also in terms of DAPS revenue

Another factor is represented that can help us understand the moment of strong expansion in Solana in the DeX sector by Series revenue scale.

While Raydium has seen increased sizes in recent months, her profit Along with those other decentralized exchanges have risen.

In January, and DAPP on the basis of Solana I raised about $ 500 million of fees, approximately 5 times compared to what was done before DAPP on ethereum.

She preferred the months of October, November and 2024 the Solana Ecosystem system, but has never been given a gap similar to the current self.

We’ll see whether Ethereum in the coming months will take any initiative to reduce the threat of Solana, with the aim of increasing sharing On its own network.

In the middle of these topics are also the issue of Memecoin’s direction, which may lose its attractiveness in the future, leaving a larger room for trading other projects in Ethereum.

The current scenario seems to prefer the growth and prosperity of the Solana ecosystem, where more Speculation More income for projects appears to be.

At the same time, It seems that the percentage of TVL from Solana and Ethereum grows more and moreWhich indicates a more attractive momentum for the first series.

Within one year, from February 2024 to today, the percentage increased from 5 % meager to 17.5 %, for growth in TVL greater than 3 times the ETHEREUM ratio.

It will be interesting to know if there is the opposite of the direction at the end of 2025, or whether the percentage will continue to increase up to 20 % and beyond.