Solana's price rebounded to around $90 as network activity surged. With approximately 108.8 million daily transactions, Solana far surpasses all major blockchains, nearly ten times that of its closest competitor. This lead is attributed to the high speed and low fees of DeFi and consumer applications, and is also reflected in the trading volume of decentralized exchanges (DEXs). Solana topped the DEX trading volume charts in February and surpassed $200 billion in total trading volume by early March.