In 2025, $SOL has made significant progress in trading activities.

DEX exchanges on Solana reached 1.6 trillion USD in trading volume, surpassing major exchanges like Coinbase and Bybit, only behind Binance. In the last 5 consecutive months of the year, Solana even outperformed Ethereum in DEX volume. In December alone, total transactions on Solana exceeded 100 billion USD.

The main driving force comes from PumpSwap and HumidiFi, along with the significant minting of USDC on Solana, which helps maintain abundant liquidity. As a result, Solana's network revenue in 2025 is estimated to reach 1.3-1.5 billion USD.