![What Is Asset Tokenization? Types, Why It Matters Now [2025]](https://coininsights.com/wp-content/uploads/2025/05/asset_tokenization-360x180.png)
Journalist
Posted:
- Weekly trading volume on Solana’s DEXes surpassed $3 billion.
- SOL accumulation has lost traction amid increased profit-taking activity.
Trading volume on the decentralized exchanges (DEXes) housed within Layer 1 (L1) network Solana [SOL] has skyrocketed by a staggering 54% in the past week, surpassing $3 billion for the first time ever, data from DefiLlama showed.
Solana’s leading DEXes Orca and Raydium have witnessed their trading volumes grow 28% and 39% in the last seven days.
So far this month, Solana’s DEX trading volume has totaled $5 billion, ranking behind Ethereum [ETH] ($27 billion), Arbitrum [ARB] ($11 billion), and BNB Chain ($8 billion).
Source: DefiLlama
The recent surge in trading activity across Solana’s DEXes has resulted in an uptick in the network’s total value locked (TVL). At press time, Solana’s TVL was $1.06 billion, rallying by 8% in the last week and 51% in the last month.
The demand for Solana climbs
The increased trading activity on Solana’s DEXes is reflected in the consistent uptrend in the network’s demand. AMBCrypto’s assessment of Solana’s network activity in the last month revealed an uptick in the same.
According to data from Artemis, the daily count of unique wallet addresses sending on-chain transactions on Solana has increased by 93% in the last 30 days.
With a rise in daily active addresses on the network, the number of on-chain transactions completed daily has also rallied. In the last month, this has also witnessed a 22% growth.
Source: Artemis
SOL appears ready to shed some gains
The growth in demand for Solana comes amid a corresponding rise in the value of its native coin SOL. Per CoinMarketCap, the altcoin’s value has risen steadily by 108% in the last month. It traded at $56.07 at press time. This price level was last observed in May 2022.
However, the coin has not been spared from the recent price consolidation that has plagued the general market due to a rise in profit-taking activity.
SOL’s Moving average convergence divergence (MACD) observed on a 24-hour chart revealed a downward crossover of its MACD line with its trend line. This movement is referred to as a bearish crossover, as it typically suggests the re-emergence of the bears.
Likewise, key momentum indicators trending downward at press time signaled a decline in SOL accumulation.
Is your portfolio green? Check out the SOL Profit Calculator
The coin’s Money Flow Index (MFI) was 53.74, poised to cross below the center line, while its Chaikin Money Flow (CMF) was 0.07, having witnessed a steady decline since the 11th of November.
This showed that traders have preferred to take liquidity out of the SOL market rather than supply it with the same.
Source: SOL/USDT on TradingView
Journalist
Posted:
- Weekly trading volume on Solana’s DEXes surpassed $3 billion.
- SOL accumulation has lost traction amid increased profit-taking activity.
Trading volume on the decentralized exchanges (DEXes) housed within Layer 1 (L1) network Solana [SOL] has skyrocketed by a staggering 54% in the past week, surpassing $3 billion for the first time ever, data from DefiLlama showed.
Solana’s leading DEXes Orca and Raydium have witnessed their trading volumes grow 28% and 39% in the last seven days.
So far this month, Solana’s DEX trading volume has totaled $5 billion, ranking behind Ethereum [ETH] ($27 billion), Arbitrum [ARB] ($11 billion), and BNB Chain ($8 billion).
Source: DefiLlama
The recent surge in trading activity across Solana’s DEXes has resulted in an uptick in the network’s total value locked (TVL). At press time, Solana’s TVL was $1.06 billion, rallying by 8% in the last week and 51% in the last month.
The demand for Solana climbs
The increased trading activity on Solana’s DEXes is reflected in the consistent uptrend in the network’s demand. AMBCrypto’s assessment of Solana’s network activity in the last month revealed an uptick in the same.
According to data from Artemis, the daily count of unique wallet addresses sending on-chain transactions on Solana has increased by 93% in the last 30 days.
With a rise in daily active addresses on the network, the number of on-chain transactions completed daily has also rallied. In the last month, this has also witnessed a 22% growth.
Source: Artemis
SOL appears ready to shed some gains
The growth in demand for Solana comes amid a corresponding rise in the value of its native coin SOL. Per CoinMarketCap, the altcoin’s value has risen steadily by 108% in the last month. It traded at $56.07 at press time. This price level was last observed in May 2022.
However, the coin has not been spared from the recent price consolidation that has plagued the general market due to a rise in profit-taking activity.
SOL’s Moving average convergence divergence (MACD) observed on a 24-hour chart revealed a downward crossover of its MACD line with its trend line. This movement is referred to as a bearish crossover, as it typically suggests the re-emergence of the bears.
Likewise, key momentum indicators trending downward at press time signaled a decline in SOL accumulation.
Is your portfolio green? Check out the SOL Profit Calculator
The coin’s Money Flow Index (MFI) was 53.74, poised to cross below the center line, while its Chaikin Money Flow (CMF) was 0.07, having witnessed a steady decline since the 11th of November.
This showed that traders have preferred to take liquidity out of the SOL market rather than supply it with the same.
Source: SOL/USDT on TradingView
An impressive share, I simply given this onto a colleague who was doing just a little evaluation on this. And he in truth purchased me breakfast as a result of I discovered it for him.. smile. So let me reword that: Thnx for the treat! But yeah Thnkx for spending the time to discuss this, I feel strongly about it and love studying more on this topic. If attainable, as you turn into experience, would you thoughts updating your blog with extra details? It is highly useful for me. Massive thumb up for this weblog post!
I got what you mean , regards for posting.Woh I am pleased to find this website through google. “I was walking down the street wearing glasses when the prescription ran out.” by Steven Wright.
Do you have a spam issue on this blog; I also am a blogger, and I was wanting to know your situation; many of us have developed some nice procedures and we are looking to trade techniques with other folks, please shoot me an e-mail if interested.
Hello.This post was really remarkable, particularly since I was browsing for thoughts on this topic last Thursday.
I have been exploring for a bit for any high-quality articles or weblog posts on this kind of space . Exploring in Yahoo I eventually stumbled upon this website. Reading this info So i’m satisfied to exhibit that I’ve a very excellent uncanny feeling I discovered just what I needed. I most indubitably will make sure to don’t put out of your mind this site and give it a glance on a constant basis.
cost of cheap clomiphene for sale where can i get cheap clomid price can i order generic clomiphene without a prescription cheapest clomid pills order cheap clomiphene without prescription where buy clomid without prescription acquista clomiphene online
This is the amicable of glad I have reading.
azithromycin 500mg cost – buy ofloxacin no prescription flagyl 200mg canada
buy rybelsus 14 mg online – purchase rybelsus buy cyproheptadine medication
motilium tablet – motilium 10mg drug purchase flexeril pills
Thank you for another informative site. Where else could I get that kind of information written in such an ideal way? I’ve a project that I am just now working on, and I’ve been on the look out for such information.
how to get inderal without a prescription – plavix 75mg over the counter order methotrexate pills