Ethereum Holds 35% Crypto Trading Volume Amid Solana Challenge
Ethereum maintains a dominant position in the cryptocurrency market, holding approximately 35% of total exchange trading volume as of August 2025, with reported daily trading volume reaching $10 billion [1]. Despite growing competition from Solana, Ethereum continues to outperform most of its peers, including Bitcoin, which commands a slightly smaller 30% of the trading volume with $8 billion in activity [1]. Solana, while gaining traction, currently accounts for around 15% of the market share with $4 billion in trading volume [1].
Ethereum’s sustained influence is attributed to its entrenched role in decentralized finance (DeFi) and smart contract ecosystems, which have drawn strong investor interest and institutional participation….