$SOL Payments Explode 755% - Price Says Otherwise

Solana just recorded 755% YoY growth in payment volume, leading both Web3 and Web2 platforms.

On-chain data shows:

◆ Total payment volume > $1.8B

B2B payments up 9X in 16 months to $3.84B

◆ 2025 spot trading volume: $1.6T

◆11.9% of global spot share

DEX dominance was clear in 2025 monthly volume peaked at $313B, outperforming

$ETH and BSC

Yet price tells a different story.

= SOL trades near $82:

-9% last 7 days

-35% YTD

>$300M in long liquidations recently

Spot ETFs saw net outflows in February

Validator count also dropped below 800 (from 2,500 peak), amid restructuring.

So we have accelerating real usage - but capital is exiting.

Is this infrastructure growth ahead of price - or distribution into strength?

but not to forget $BTC