As of January 21, Solana has witnessed $ 120.6 billion in DeX trading volume, with 323.3 % over the past seven days. Now, analysts wonder if he could compete with Ethereum and put himself as 1 Blockchain in 2025.
According to data from DevilleEthereum (EthDEX's weekly trading volume swollen to $ 24.7 billion, which is 47.58 %. Compared to Solana, this increase was largely driven by UISWAP, which constituted more than 73.7 % of the trading volume and contributed $ 17.46 billion in Ethereum Dex activity.
On the other hand, it was the Solana Dicks Rydium summit (opinion) He witnessed a weekly change by 236 %, dealing with $ 52 billion for Solana last week. After Raydium, Meteora added 13,379 % to the weekly layer size 1.
Analyst Nox Ridley of Off of Off says that Solana will prepare to gain dex activity, as it is of interest from DeX merchants. I/o box.
Will Solana overcome Ethereum as a 1 -top layer?
Ridley believes that the unique Solana Protocol "Proof of History" will make it a pioneer in the market. POH of Blockchain highs high productivity of 65,000 transactions per second without second layers, making it faster and more efficient than ethereumThe S Protocol, evidence of the share, which is racing with a maximum TPS registered of 62.34, according to form.
In addition, the new update of Solana is called Fredancer, built by EncryptionIt aims to Bootstrap Development on layer 1 by enhancing expansion and improving the comprehensive weakness of the network over errors and attacks.
Such new artistic advantages, as it is believed, will allow Solana to act as more developed and secure layers - a real Blockchain - a real competitor for ETAREUM, especially in applications that secure speed and efficiency, RIDLY.
Another factor adds to the popularity of Solana is Stablecoin Infrastructure. While Ethereum still performs in Stablecoins, Solana rises, with an increase of 67.48 % in the maximum Stablecoin market, sitting at $ 9.8 billion as of January 21, 2025.
Cap for the market from Solana It goes beyond ethereum
Interestingly, the Solana (Sol) ratio 13.13 % to the market indicates that it is witnessing an increase in the trading activity against the ETHEREM (ETH) ratio of 10 % Coinmarketcap.
The activity that lies behind the growth of Solana. Dexes such as Raydium and Meteora Check this growth, which leads to high liquidity. In contrast, the low ETHEREUM ratio indicates a slower growth for Ethereum.
Moreover, European BitWise analysts also believe that the price of Sol may increase by 3000 % by 2030 due to what they call ""IPhone moment", Which makes Blockchain more likely to overcome Ethereum in 2025.
Source link