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Solana Cements DeFi Dominance with Record $22.39B Weekly DEX Volume and $9.44B TVL

Solana Cements DeFi Dominance with Record $22.39B Weekly DEX Volume and $9.44B TVL

Author:
SOL News
Published:
2025-05-13 20:15:18
25
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[TRADE_PLUGIN]SOLUSDT,SOLUSDT[/TRADE_PLUGIN]

Solana ($SOL) has emerged as the undisputed leader in decentralized finance (DeFi), achieving a monumental $22.39 billion in weekly DEX volume—a nine-week high that surpasses all competing blockchains. This remarkable growth underscores Solana’s accelerating adoption as the go-to platform for DeFi activity. Additionally, the network’s total value locked (TVL) has surged to $9.44 billion, matching its peak levels from February 2025. These dual milestones highlight Solana’s robust infrastructure and growing ecosystem, positioning it as a formidable force in the crypto space. As of May 2025, Solana’s performance signals strong bullish momentum, with its scalability and low transaction costs driving unprecedented demand. Investors and developers alike are flocking to the network, further solidifying its status as a top-tier blockchain for decentralized applications and financial innovation.

Solana Dominates DeFi with Record $22.39B Weekly DEX Volume and $9.44B TVL

Solana ($SOL) has solidified its position as the leading blockchain in decentralized finance, posting a staggering $22.39 billion in weekly DEX volume—a nine-week high that eclipses competing networks. The surge reflects accelerating adoption of solana as a preferred platform for DeFi activity.

Total value locked on the network jumped to $9.44 billion, reclaiming February’s peak levels. This dual milestone underscores Solana’s resurgent momentum as institutional and retail demand converges on its high-throughput ecosystem.

Pump.Fun’s PumpSwap to Share 50% of Fees with Token Creators

PumpSwap, the decentralized exchange developed by Solana-based meme coin launchpad Pump.Fun, has introduced a revenue-sharing model that allocates 50% of trading fees to token creators. Eligible creators will receive 0.05% of each transaction in SOL, potentially generating significant payouts given PumpSwap’s $11.2 billion trading volume in April 2025.

The platform charges a 0.25% trading fee, with 0.2% going to liquidity providers and 0.05% to the protocol. An additional 0.05% is now directed to a dedicated coin creator vault, effectively adjusting the fee structure to incentivize token creation.

Why Solana Is Falling: Will SOL Price Drop To $150 or Recover?

Solana’s price hovers at a critical juncture, dipping below $172 amid heightened whale activity and mixed signals from technical indicators. The cryptocurrency faces a pivotal moment as traders weigh the potential for further decline against prospects of recovery.

Market dynamics reveal a tug-of-war between bearish pressures and underlying network strength. SOL’s volatility reflects broader uncertainty in altcoin markets, with whale movements exacerbating price swings.

Walme Launches $WLM Token Sale, Positioning Itself as a Comprehensive Web3 Finance Solution

Walme introduces a unified Web3 application designed to simplify personal finance management, contrasting with the fragmented experience of using multiple crypto wallets and traditional banking apps. The platform’s $WLM token sale is now live, signaling its ambition to consolidate financial tools into a single interface.

The project critiques existing solutions like MetaMask and Trust Wallet as limited key managers, proposing instead an all-in-one command center for transactions, messaging, and asset swaps. Walme’s approach targets the inefficiency of juggling separate logins, interfaces, and fee structures across platforms.

Notably, the announcement references SOL (Solana) as one of the supported assets for swaps within the wallet ecosystem. This integration suggests Walme’s intent to accommodate high-performance blockchain networks alongside traditional financial services.

LetsBonk Challenges Pump.Fun’s Dominance in Solana Meme Coin Launchpad Space

Pump.Fun continues to dominate the Solana meme coin launchpad sector despite emerging competition from LetsBonk. The platform maintains a significant lead in daily active users and deployment volume, having peaked with 71,735 tokens launched in a single day on January 23, 2025.

While LetsBonk has recently surpassed LaunchLab in activity, historical patterns suggest short-term surges rarely translate into lasting market position. Previous challengers like Moonshot and Sunpump gained temporary traction before fading against Pump.Fun’s entrenched ecosystem.

The Solana meme coin ecosystem remains highly dynamic, with launchpad platforms generating millions in weekly fees. Pump.Fun’s sustained performance across all metrics—user activity, token deployment, and fee generation—cements its position as the market leader.

5 Solana Meme Coins Attract Smart Money in May’s Third Week

Solana’s meme coin sector shows divergent trends as NEET and INFLT lead in smart money inflows, while URMOM and BUTTCOIN demonstrate accumulation despite price corrections. TOLY emerges as a retail favorite with strong price momentum.

NEET, launched just 16 days prior on Pump.Fun, maintains a $9.48M market cap despite a 32% daily plunge. Trading volume ROSE 7% to $7.6M, signaling sustained interest amid volatility. Smart money activity suggests institutional players may be using the dip to build positions.

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