Solana Achieves Record $5.67B in 24-Hour DEX Volume

Solana Achieves Record $5.67B in 24-Hour DEX Volume

Solana tops all chains with $5.67B DEX volume, showcasing DeFi growth.
Key Takeaways:
  • Solana’s DEX 24-hour volume reached a new milestone.
  • Volume surge highlights Solana’s DeFi supremacy.
  • Institutional attention with increased trading activity.

Solana recorded the highest 24-hour decentralized exchange (DEX) volume surpassing $5.67 billion, outperforming all blockchains, as reported by Solana Labs on January 22, 2026.

Increasing DEX activity highlights Solana’s robust blockchain infrastructure, benefitting SOL and related assets, amplifying trading opportunities as institutional interest grows.

Solana reached a record 24-hour DEX volume of $5.67 billion, surpassing all other chains. This significant activity was fuelled by increased transactions on platforms like Raydium and Orca. The record reflects Solana’s rise in the decentralized finance (DeFi) space. Crypto Briefing: Updates on Cryptocurrency Market Trends

Key figures such as Anatoly Yakovenko and Raj Gokal were pivotal to Solana’s ecosystem, despite not directing specific events. The surge demonstrates the impact of technologies like Firedancer, enhancing Solana’s network speed and capacity for DeFi applications. Anatoly Yakovenko, Co-Founder & CEO, Solana Labs, stated, “Solana’s DEX vol is exploding because Firedancer + ZK compression make it the fastest L1 for DeFi.”

The immediate impact of this volume is evident across the crypto industry, with Solana’s ecosystem seeing greater liquidity and trading interest. This surge underscores Solana’s competitive edge over Ethereum, whose DEX volume was lower during the same period.

Financially, the surge has not prompted new funding announcements but has driven market interest in Solana-based tokens. Institutional players like Jump Trading contribute liquidity support, helping sustain growth, while Solana’s native asset, SOL, remains a primary beneficiary.

Solana could witness continued financial growth and technological advancements, with increased institutional adoption and DEX optimization. Historical data suggest potential further gains for SOL and related tokens, solidifying Solana’s position in the DeFi landscape. Regulatory bodies remain unresponsive, focusing instead on general DeFi activities. 99Bitcoins: Latest Bitcoin News and Insights