Data highlights: According to ChainCatcher data, Solana's total DEX trading volume in the past 7 days has surpassed $15 billion, not only far ahead of other L1/L2 blockchains but also marking a qualitative change in Solana's on-chain liquidity.
This growth is driven not only by short-term hot spots but also by the collective returns from Solana's long-term ecosystem building.
1. DEX trading volume surges: Not just a meme coin craze 📈
Although recent meme projects like $WIF and $SLERF have sparked trading enthusiasm, data further indicates:
The number of active DEX users and new wallet creations is rising in sync.
Multiple on-chain projects have daily active addresses exceeding ten thousand.
Jupiter, Raydium, Phoenix and other DEX platforms' TVL and trading pair numbers are growing synchronously.
This indicates that Solana's trading activity is not a fleeting moment but a simultaneous growth in breadth and depth.
2. RootData perspective: Solana's ecosystem layout has reached scale 🔍
According to RootData's project library, Solana currently covers:
DeFi: Jupiter, Meteora, Kamino, MarginFi, Zeta Markets
Infra: Helius, GenesysGo, Jito, Switchboard
Social & NFT: Phantom, MadLads, DRiP
Gaming: Aurory, Star Atlas
The high activity levels of these projects indicate that Solana has formed a complete closed-loop ecological flywheel, especially in the infrastructure fields of trade matching, oracle, RPC network, and automated market making, gradually breaking free from the 'meme only' stereotype.
3. Technical advantages continue to amplify: Performance + cost overwhelmingly surpass traditional L1 🚀
TPS: Over 65,000+ (real on-chain)
Transaction fees: $0.00025 per transaction, far lower than ETH mainnet or L2.
Developer experience friendliness continues to improve (support for Solidity through Anchor, Solang)
This makes Solana the natural first choice chain for meme coins, DePIN, gaming, and high-frequency trading.
Investor insights: Who is betting on Solana? 🧠
According to RootData disclosure:
Established capital like a16z, Jump, Multicoin, Delphi Digital is still active.
The valuation of ecosystem tokens has entered a 'mid-term reasonable range', with expansion capabilities.
With the explosive DEX trading data and continuous emergence of projects, Solana may be retracing ETH's trajectory from 2020-2021.
✅ Conclusion
Solana has completed its 'ecosystem normalization', the next phase is value accumulation.
Solana is not a miracle of a single project or meme, but rather has gradually built a true Web3 growth engine through technological upgrades, cost advantages, and a developer ecosystem.
📌 $15 billion/7 days of DEX data is just the beginning. 📌 As on-chain TVL rebounds, ecosystem airdrop pace continues, and on-chain infrastructure improves, Solana may become one of the biggest dark horses of this cycle.
