Can Solana’s $1T DEX Volume Propel SOL Prices Beyond $200?

Solana’s Resurgence: DEX Volume Hits $1 Trillion in 2025
Key Insights
Solana’s decentralized exchange (DEX) activity has soared past $1 trillion in 2025, showcasing a remarkable 234% increase in futures trading and a notable rise in whale investments. This positive trend and heightened market sentiment indicate a potential upward movement towards the $200 price target.
A Shift in Perception
Earlier this year, Solana (SOL) was perceived as a declining asset. However, recent data reveals a different narrative.
In 2025, the DEX trading volume on Solana’s platform has already surpassed the total for the entire previous year, marking a significant uptick in real network engagement.
This growth, although somewhat unnoticed, points to a robust revival in the platform’s usage.
Additionally, trading in Solana-based perpetual futures has surged by 234%, indicating that seasoned traders are re-entering the market with confidence and leveraging their positions rather than merely observing.
Whale Activity on the Rise
The recent surge in Solana’s trading volume has caught the attention of significant market players.
Analysis from AMBCrypto, utilizing CryptoQuant’s order book data, shows a marked increase in large whale transactions at current price levels, suggesting a trend of accumulation rather than liquidation.
Historically, such strategic buying by whales and institutional investors often precedes substantial price movements, challenging the notion that Solana remains unstable.
Current market positioning indicates that many investors are viewing this phase as an opportunity to buy rather than a risk.
If this trend continues, we could soon see the effects of this accumulation reflected in SOL’s price trajectory.
Will Solana Reach the $200 Mark?
Market participants are curious whether Solana’s current bullish trend can propel its price beyond the $200 threshold.
With increasing network activity, positive market sentiment, and ongoing whale accumulation, Solana is demonstrating the momentum necessary for a significant rally.
However, achieving the $200 milestone will require more than just excitement; it necessitates sustained trading volume, favorable macroeconomic conditions, and widespread investor confidence.
Given the current indicators, a move towards $200 appears to be a realistic possibility.