📉$SOL Is Solana quietly losing its DeFi crown?🤔

Warning: $SOL DEX volume has collapsed to $5.55B — the lowest level in 18 months since September 2024.

Network fees have crashed even harder, dropping a massive 42%.

The capital didn’t vanish — it rotated. ETH’s DEX market share surged from 33% in January to 42% in March, as Layer 2s continue to suck up the flow that once flooded Solana.

When both volume and fees drop this sharply together, the signal is loud: $SOL is facing real structural pressure, not just a temporary dip.

In this environment, every rally looks more like distribution than accumulation.

What do you think — is this the start of a bigger rotation toward ETH, or will sol bounce back strong?

Drop your thoughts below 👇

#Solana #DeFi #Crypto #Ethereum #Blockchain