Ethereum and Solana DEX monthly trading volumes are both approaching $45 billion, with the gap narrowing to almost equal.

CoinFeed reported on May 13 that, according to The Block, the monthly trading volume of decentralized exchanges (DEXs) for Ethereum and Solana is approaching $45 billion. Solana's trading volume is only about 94% of Ethereum's, hitting a new low in nearly 12 months and falling sharply from the high of 218% in January of this year.