This quarter, Bitcoin sailing over Solana’s peak volume of BTC occurred in Q2 of 2025. This boom was fueled by the explosive adoption of decentralized finance (DeFi) applications and upgrades to its network infrastructure. The network hasn’t skipped a beat and now settles more than 100 million transactions per day. Network effects and synergistic contributions from DEXs such as Jupiter & Meteora led to all time high Bitcoin trading volume on Solana.
With Solana’s better efficiency and higher scalability, the chain has become an extremely tantalizing option for traders and investors. The recent increase in activity is mostly driven by the rise of DeFi applications on the network. In fact, liquidity on protocols such as Meteora has exceeded a remarkable $750 million. In June 2025, Solana brought in more than $146 million in dApp revenue.
Solana’s low-cost, high-speed trading advantages have all boosted volume – especially helpful during a market-wide downturn. It has the capacity to process very high transactions at lightning speed. It does all of this with extremely low-cost structure, allowing it the competitive edge that many traders favor. Yet Solana’s improved infrastructure was more than enough to fuel its runaway growth in DeFi applications.
Economists and analysts are forecasting that the momentum we saw in the second quarter will spill over into the third. They propose scenarios in which Solana’s price rises to all-time highs and in which its trading infrastructures continue to shape market dynamics. This event alone has increased confidence in Solana’s impact on DeFi.
Solana’s ability to process large volumes of transactions quickly and affordably provided a strong solution to existing platforms’ struggles during a volatile crypto market. The network is continuing to grow and attracting more DeFi projects. It is quickly emerging to be one of the most influential players in the cryptocurrency market.