Solana's Trading Activity Shows Significant Decline as DEX Liquidity Shifts

2025-09-23 21:01:04

Gate News bot message, data reveals a substantial decline in Solana's ecosystem activity. Launchpad volumes hit a 4-month low at $117M, while active wallet numbers dropped below 100,000. The daily graduates count decreased to 88.

Notably, BNB Chain has surpassed Solana in fee generation for four consecutive days, indicating a shift in trading activity across blockchain platforms.

The reduced activity in Solana's traditional trading venues corresponds with increased liquidity movement toward perpetual decentralized exchanges.

SOL1.08%

BNB1.28%

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