After 1inch expanded the Solana ecosystem, it regained its dominance in DEX aggregators with a market share of 60% in May
According to the news from HasiChain News, DEX aggregator 1inch has regained its market dominance by expanding to the Solana ecosystem. Its market share climbed to 60% in May, doubling from the low point in March. Data shows that after its Solana version went online at the end of April, it accurately captured the MEME coin trading boom on the chain, pushing the platform's total trading volume to US$31.5 billion, accounting for 60% of the industry's historical peak trading volume of US$5.2 billion. This strategic expansion has significantly changed the competitive landscape, and competitors such as CoW Swap and Kyber have been squeezed. Analysts pointed out that Solana currently carries 86% of the new token issuance (Base chain accounts for 10%), and 1inch's rapid success may force other aggregators to accelerate multi-chain layout. This market share reshuffle shows that in the context of continued high fees for MEME coin transactions, the choice of ecosystem has become a key variable in the competition among DEX aggregators.