Solana leads all blockchains in decentralized exchange (DEX) trading volume over the past week, with weekly DEX volume surpassing $22 billion and reaching $22.39 billion, according to multiple reports.

Solana's DEX volume is at a nine-week high. The total value locked (TVL) in Solana's decentralized finance (DeFi) sector stands at approximately $9.44 billion, a level last seen in February. Most of the gains reflect the return of SOL price above $170, with SOL trading at around $172.88, following inflows from large investors and record DEX trading activity.

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