- Solana’s 2025 DEX volume just passed $1 trillion, already outpacing all of 2024 and signaling serious network growth.
- Whale accumulation is on the rise, hinting at confidence among big players rather than fear or exit.
- A push to $200 is realistic, but it’ll take continued volume, solid investor conviction, and stable market conditions to hit it.
Not too long ago, folks were calling Solana (SOL) a has-been. A fading project. Another Layer 1 that couldn’t keep up. But fast-forward to mid-2025, and well… that story’s looking pretty outdated.
So far this year, Solana’s DEX volume has already smashed past $1 trillion. That’s more than all of 2024 combined—yeah, you read that right. And it’s not just noise—this is real usage, the kind that doesn’t show up in headlines but changes the game under the hood.
Meanwhile, Solana’s perpetual futures volume? It’s jumped 234%. That kind of spike doesn’t come from tourists. That’s leveraged money. Traders with skin in the game—betting big.
Whales Are Lurking (But in a Good Way)
All that activity hasn’t escaped the sharp eyes of the whales. Big players are circling—again.
CryptoQuant’s order book data shows large buy walls forming. That’s not panic-selling… that’s accumulation. Quiet, deliberate, confident accumulation. And historically? That kind of behavior usually signals one thing: they’re gearing up for something big.
It’s kinda funny, honestly—while retail’s still debating if Solana is “safe,” the smart money is already scooping it up. Maybe it’s not about safety anymore. Maybe it’s about opportunity.
If this keeps going? Don’t be surprised if the price starts catching up to the momentum.
$200? It’s Not As Crazy As It Sounds
So now the obvious question—can SOL break past that big $200 level?
With volume booming, whales stacking, and sentiment shifting from “meh” to “wait, what’s happening here?”… the setup looks pretty solid. But let’s be real—$200 won’t come just from vibes. It’s gonna need some tailwinds: strong volume, positive macro, and a market that keeps believing.
Still, if current trends hold steady, $200 is definitely on the table. Might not be tomorrow—but it doesn’t feel far off either.
