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Solana DEX Retail Activity Plunges 81% in 2025

Solana DEX Retail Activity Plunges 81% in 2025

Coinomedia2025/08/30 14:05
By: Aurelien SageAurelien Sage
BTC+0.13%SOL+0.88%ETH+0.60%
Solana DEXs see major decline as daily traders drop 81% and transactions fall 36% since early 2025.Transaction Volume Also SuffersWhat’s Next for Solana?
  • Daily Solana DEX traders dropped from 4.8M to 900K
  • Transactions fell 36% in just one month
  • Retail interest in Solana shows sharp decline

Solana, once hailed as a fast and efficient blockchain for decentralized exchanges (DEXs), is seeing a major downturn in user activity. Recent data reveals a massive 81% drop in daily retail traders on Solana-based DEXs — falling from 4.8 million at the start of 2025 to around 900,000 by August.

This sharp decline points to waning retail interest, possibly triggered by broader market corrections, reduced hype around memecoins and NFTs, or concerns over platform reliability and fees. While the Solana ecosystem still offers high-speed and low-cost transactions, the fall in active traders suggests a shift in sentiment.

Transaction Volume Also Suffers

It’s not just users who are leaving — the number of transactions has also taken a hit. In July, Solana DEXs processed around 45 million transactions daily. By August, that number had plummeted to 28.8 million, representing a 36% drop.

This drop in transaction volume further highlights the reduced activity in the Solana DeFi space. Lower engagement may result in decreased liquidity and slower innovation across decentralized apps built on the chain.

Retail activity on Solana DEXs is sharply lower.

Daily traders fell from 4.8M at the start of the year to ~900K in August (~81% drop).

Daily DEX transactions slid from 45M in July to 28.8M (36% lower). pic.twitter.com/4unkPg94au

— Satoshi Club (@esatoshiclub) August 30, 2025

What’s Next for Solana?

Despite the decline, Solana remains a top 10 blockchain by market cap and continues to attract developer interest. Innovations in real-world assets, DePIN projects, and Layer 2 integrations might bring users back. However, to regain retail momentum, Solana will need renewed hype, strong narratives, and user-friendly dApps.

Whether this is just a short-term lull or the start of a long-term slowdown will depend on how the ecosystem adapts in the coming months.

Read Also :

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  • Bitcoin Holds Firm Above Key $93K–$110K Zone
  • $7.23B Short Positions at Risk if ETH Hits $4,800
  • ETH Price Rebounds to $4.40K After Hitting $4.25K Low
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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