2025-12-29 05:48:41

The performance of the Solana ecosystem in 2025 indeed feels quite impressive. According to data, DEX trading volume has already surpassed the $1.7 trillion mark. What does this mean? It indicates that trading activity on this blockchain has reached a new level of intensity, comparable to high-frequency trading markets in traditional finance.

The ETF sector has also kept up, with a total scale exceeding $766 million. What does this signify? It shows that Solana is no longer just a narrative driven by technology but is beginning to attract the attention of mainstream institutional investors. The growth in ETF scale is often an important signal of market maturity—more and more traditional capital is starting to deploy into this blockchain ecosystem through compliant channels.

Of course, impressive data is one thing, but the key is whether this growth is sustainable. What is behind the growth in DEX trading volume? Genuine application innovation, or another round of liquidity mining frenzy? This needs to be clarified. However, from the steady growth of ETF scale, at least institutions believe in this story.

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CryptoPunster

· 2025-12-31 22:03

1.7 trillion? Bro, this number looks intimidating. I just want to know how much of this is genuine trading and how much is robots transferring funds to create smoke screens [Dog Head]. Institutions have entered the market, which means big capital is starting to feel that the retail investors are no longer enough to cut, and they need to use official channels to Liquidity mining schemes, I can predict the results with my eyes closed—I’m all fired up, retail investors sacrificed. With an ETF size of 766 million, don’t forget to add the costs of those of us who are trapped when doing the calculations. The data looks good, but the key question is: who is actually taking the other side? Basically, it depends on whether there are enough retail investors later on [Funny]. Waiting for the next "revolutionary application" to appear, then see how many people still have money to go all-in. DEX trading is booming, sounds awesome, but I bet after this wave, it will be a mess again. Institutions are optimistic? Then I need to look more carefully. Their way of making money has always been us paying tuition fees.

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TaxEvader

· 2025-12-29 06:18

1.7 trillion? No way, is this real? Feels like I’m seeing things. --- ETF has surpassed 700 million, traditional capital is really starting to accept SOL. This turnaround is pretty quick. --- I'm just worried it’s the same old liquidity mining scheme; after a round of hype, it’s gone again. --- Institutional interest is one thing, but we need to see what truly useful things are in this ecosystem. --- Speaking of these numbers compared to traditional finance, is it a bit exaggerated? --- Sustainability is the real key; looking good on paper is meaningless. --- Can SOL sustain this momentum? I have my doubts. --- DEX trading volume is soaring, but is real-world application keeping up? Feels mostly speculative.

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TokenEconomist

· 2025-12-29 06:17

actually, let me break this down - that 1.7T dex volume figure doesn't tell us much without looking at wash trading metrics, ceteris paribus the actual utility could be way lower than it looks

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rugpull_survivor

· 2025-12-29 06:17

SOL's recent surge is indeed impressive, with a trading volume of 17 trillion not a joke. But where are the real applications? Are we just back to mining frenzy? What does institutional bottom-fishing indicate? It shows they have an information advantage. Retail investors need to think for themselves. An ETF size of 766 million sounds substantial, but compared to traditional finance, it's still small. Don't be overly optimistic. DEX activity ≠ value creation. This logic needs to be clarified. Is it sustainable? Let's see if there are any black swan events this year. Personally, I think we should wait and watch. I'm worried about another bubble. What happened to those "ecosystem stars" from a few years ago? SOL definitely has potential, but don't be fooled by the data. Fundamentals are still king. 17 trillion sounds impressive, but how much of that is real trading volume? Wash trading needs to be deducted. The entry of ETFs is indeed a positive sign, indicating risk assets are being re-priced. This is the most promising chain to bet on this year. Everything else is just a dream.

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LiquidityWizard

· 2025-12-29 06:16

17 trillion? Sounds impressive, but it depends on whether it's another round of liquidity mining tricks. I'm more concerned about the number of real users. Breaking 700 million in ETFs indeed indicates institutional deployment, which is a long-term signal and much more important than pure data. SOL might really have a chance this time, but I'm worried it could just be a fleeting bloom of prosperity. Good data is easy to achieve, but whether you can retain users is the key. This is very critical. Institutional entry is a good thing, but don't be fooled by the 1.7 trillion figure. You need to look at the real demand behind it.

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StillBuyingTheDip

· 2025-12-29 06:15

This round of SOL does have some substance, but the 1.7 trillion figure needs to be scrutinized. The increase in ETF size is a good thing, but are these trading volumes really necessary, or are they just another way to exploit the system? I still believe that institutional money won't be invested blindly.

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CounterIndicator

· 2025-12-29 05:52

1.7 trillion in trading volume sounds great, but the problem is that I've seen plenty of false prosperity created by liquidity mining. How long SOL can sustain this depends on various factors. Breaking 700 million in ETFs is indeed significant, but don't be fooled by this number. Institutional entry doesn't mean a downturn won't happen. The real test is still to come. Is this wave innovation or just another rug pull? Let's wait and see. The data looks impressive, but I want to know more about the trading depth. Will a single large order be able to cause a sharp drop? SOL has indeed risen, but many people are still buying the dip. How long can this story last?

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