CoinGecko released Q1 report: Solana maintains DEX trading dominance, accounting for 39.6%

ChainCatcher news, according to the "Q1 2025 Cryptocurrency Industry Report" released by CoinGecko, the cryptocurrency market experienced a correction in Q1 2025, with a total market capitalization dropping by 18.6% to $2.8 trillion; Bitcoin's market share rose to 59.1%, but the quarterly decline was still 11.8%. Ethereum plummeted by 45.3%, falling back to $1,805, erasing all gains made in 2024. The meme coin sector retreated due to the LIBRA exit event, with Pump.fun deployment volume decreasing by 56.3%. CEX spot trading volume reached $5.4 trillion, a decrease of 16.3% compared to the previous period; Solana maintained its dominance in DEX trading, accounting for 39.6%. The multi-chain DeFi TVL decreased by $48.9 billion, a drop of 27.5%.