⚠️ Warning: $SOL DEX Activity at 18-Month Low

$SOL DEX volume just dropped to $55.5B — lowest since Sep 2024.

Fees followed: -42% → clear slowdown in network demand.

Where is liquidity going?

➡️ $ETH DEX dominance rising: 33% → 42% (Jan → Mar)

➡️ L2s absorbing flow that once lived on Solana

➡️ Capital rotating, not disappearing

Signal: This is not just a dip — it’s a shift in liquidity.

In this environment, bounces are likely distribution until:

• Volume stabilizes

• Fees recover

• Demand returns on-chain

📊 Watch the data. Volume leads, price follows.

#Solana #ETH #DeFi #CryptoMarkets #Blockchain

ETH

2,325.72

+2.45%

SOL

83.89

-0.39%