Solana Emerges as the Fourth Most Traded Cryptocurrency – Is It Targeting Ethereum and Bitcoin?
Solana has surged to become the fourth most traded cryptocurrency, following Ethereum and Bitcoin, while USDT remains the leading traded asset.
Solana Emerges as the Fourth Most Traded Cryptocurrency – Is It Targeting Ethereum and Bitcoin?
Solana is now the fourth most traded crypto asset, following the resurgence of Ethereum and the rise of Bitcoin, while the USDT stablecoin remains the most actively traded cryptocurrency.
Solana’s Rise in Trading Volume
According to recent data from Coingecko, over $25.5 billion in SOL positions were traded in just 24 hours, surpassing both Dogecoin and USDC. This strong performance has cemented Solana’s position among the best cryptos to buy. Meanwhile, USDT leads with a stunning $167 billion in trading volume.
What’s Driving SOL Crypto Trading Volume?
The increase in Solana’s trading volume is closely linked to its impressive price action lately. As SOL prices have soared past the $200 mark, optimism has risen among investors. In July 2025 alone, SOL has increased by 46% with expectations that it may soon retest its all-time high of $295. Public interest seems buoyed by the anticipation of a spot Solana ETF, which many believe could accelerate institutional adoption.
Solana Trading
For more insights on cryptocurrency trends, check nine high-risk high-reward cryptos for 2025.
