October 13, 2025 — Solana has once again topped decentralized exchange activity, with Solana DEX volume reaching $1.475 billion in 24 hours—surpassing Ethereum and BNB Chain for the first time since early 2024. According to DefiLlama, the figure represents a 54% weekly rise and highlights Solana’s scalable architecture and low-cost transactions.
Key Takeaways
- Solana overtakes Ethereum and BNB Chain in 24-hour DEX trading volume.
- The network processed $1.47 billion in daily trades, marking a 54% weekly increase.
- Growth driven by network upgrades, real-world asset (RWA) integrations, and Jito enhancements.
- SOL nears $200 as investor confidence and liquidity continue to rise.
From Network Outages To DeFi Revival
Launched in 2021, Solana quickly gained prominence for its Proof-of-History consensus, processing up to 65,000 transactions per second. Early momentum was challenged by network downtimes and FTX’s collapse, but upgrades such as Firedancer in 2023 restored confidence—delivering 100% uptime by mid-2024.
By October 2025, Solana DEX volume had rebounded sharply, marking its first dual surpass of Ethereum and BNB since its initial peak in early 2024. The achievement signals a transition from speculative hype to genuine DeFi utility.
Impact On Market And Future Outlook
The latest milestone cements Solana’s place as a key DeFi hub. Its sub-second finality and near-zero fees could redefine high-frequency trading, RWAs, and institutional-grade liquidity. Analysts project that Solana may capture up to 30% of DeFi’s $1 trillion TVL by 2030.
SOL trading volumes have risen 30%, with potential upside toward $200 if total value locked remains above $12 billion. The network’s expanding dominance in Solana DEX volume could also attract significant institutional inflows as ETFs and compliant RWA products gain traction.
Solana’s Scalability Edge in DeFi
Solana’s $1.475 billion DEX volume surge on October 13, 2025, highlights its high-throughput, low-cost architecture, outpacing Ethereum and BNB Chain. Bolstered by Firedancer upgrades and RWA integrations, Solana’s Proof-of-History consensus drives its DeFi resurgence, positioning it as a leader in scalable, institutional-grade blockchain solutions.
