Solana Sees Record DEX Volume, TVL Surges by 58%

Solana has achieved a remarkable milestone with an impressive rebound in its decentralized exchange (DEX) volume, reaching $35.6 billion alongside a significant 58% surge in Total Value Locked (TVL) on the network.

The event indicates strong recovery in Solana’s network activity, enhancing its market presence and supporting renewed investor interest amid increased volumes.

Solana’s recent rise in network performance highlights its increased DEX volume, recording $806.8 billion in 2025. This spike represents a significant 400% increase compared to the same period a year ago, showcasing robust growth potential. Dominant platforms such as Jupiter Exchange and Raydium have propelled this growth, contributing billions to Solana’s thriving network performance.

The volume rise implies a renewed market confidence, impacting various stakeholders positively. Leading the charge are platforms like Raydium and Meteora, which have effectively harnessed this momentum. However, some industry experts warn of potentially artificial activity through methods like wash trading and MEV bots, which may echo unsustainable trends observed in previous market peaks.

Ethereum and Solana remain central to the DEX sector, collectively accounting for over half of the total volume. While Solana’s strides are promising, longstanding risks such as liquidity outflow may challenge sustained growth. The current market dynamics urge both industry participants and investors to approach the growth cautiously.