Solana Hits $22.39B Weekly DEX Volume, $9.44B TVL, SOL Price at $172.88

Solana leads all blockchains in decentralized exchange (DEX) trading volume over the past week, with weekly DEX volume surpassing $22 billion and reaching $22.39 billion, according to multiple reports.

Solana's DEX volume is at a nine-week high. The total value locked (TVL) in Solana's decentralized finance (DeFi) sector stands at approximately $9.44 billion, a level last seen in February. Most of the gains reflect the return of SOL price above $170, with SOL trading at around $172.88, following inflows from large investors and record DEX trading activity.

Daily DEX volume on Solana exceeds $2.8 billion, and over 29% of the TVL turns over daily. This high trading velocity is unmatched by other blockchains. Solana's 2025 DEX volume has set new records.

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