CoinGecko releases Q1 report: Solana maintains dominant position in DEX trading, accounting for 39.6%

According to the "Q1 2025 Cryptocurrency Industry Report" released by CoinGecko, the cryptocurrency market experienced a correction in the first quarter of 2025, with total market value falling by 18.6% to $2.8 trillion; Bitcoin's market share rose to 59.1%, but still fell by 11.8% for the quarter. Ethereum plummeted by 45.3%, falling back to $1,805 and erasing all gains from 2024. The Meme coin sector receded due to LIBRA's exit event, with Pump.fun deployment volume sharply decreasing by56.3%.

The spot trading volume of CEX reached 5.4 trillion US dollars, a decrease of 16.3% from the previous period; Solana maintained its dominant position in DEX transactions, accounting for 39.6%. The multi-chain TVL of DeFi decreased by 49 billion US dollars, a drop of 27.5%.