Solana饮用以太坊的奶昔，捕获了Dex市场的50％

在不断发展的分散金融世界（DEFI）的世界中，索拉纳（Defi）通过捕捉分散交易所（DEX）市场的很大一部分来浪潮。

output: As the decentralized finance (DeFi) landscape continues to evolve at a rapid pace, Solana has emerged as a major player, capturing a significant portion of the decentralized exchange (DEX) market. According to a recent report by crypto exchange OKX, Solana has managed to achieve an impressive feat by contributing to nearly 50% of the total DEX volume, even surpassing Ethereum's trading activity during certain periods. This surge in market share has led to Solana being described as “drinking Ethereum's milkshake,” highlighting its swift ascent in the DeFi ecosystem.

输出：随着分散的金融（DEFI）景观继续以快速发展，索拉纳（Solana）成为了主要参与者，捕获了分散交易所（DEX）市场的很大一部分。根据Crypto Exchange OKX的最新报告，Solana通过贡献了近50％的DEX数量，甚至超过了以太坊在某些时期的交易活动，从而实现了令人印象深刻的壮举。市场份额的激增导致索拉纳被描述为“饮用以太坊的奶昔”，强调了其在Defi生态系统中的迅速上升。

Solana's Unstoppable Surge: Memecoins and Trading Activity

Solana的不可阻挡的激增：Memecoins和交易活动

A key factor driving Solana's impressive DEX performance is the launch of the memecoin platform Pump.fun. This trading hub has played a pivotal role in the recent surge of trading activity, pushing Solana's market share to extraordinary levels. During the last week of December 2024, Solana achieved an astonishing 89.7% market share in DEX activity, outpacing Ethereum and signaling a major shift in retail trading preferences.

推动Solana令人印象深刻的DEX性能的关键因素是Memecoin Platform Pump.Fun的推出。这个交易中心在最近的交易活动激增中发挥了关键作用，将索拉纳的市场份额提高到了非凡的水平。在2024年12月的最后一周，Solana在DEX活动中获得了惊人的89.7％的市场份额，超过以太坊的股份，并表示零售交易偏好的重大转变。

For five consecutive weeks, Solana's share in DEX trading has remained above 50%, reflecting its increasing influence in the DeFi landscape. Solana's success can also be attributed to its high transaction speeds, low fees, and developer-friendly tools. These features have made the blockchain platform especially attractive to retail traders.

连续五个星期，Solana在DEX交易中的份额一直以于50％以上，这反映了其在Defi景观中的影响不断增加。 Solana的成功也可以归因于其高交易速度，低费用和对开发人员友好的工具。这些功能使区块链平台对零售商人特别有吸引力。

The decentralized exchange aggregator Jupiter, which is native to Solana, also plays a crucial role in this surge. Jupiter accounts for nearly 70% of Solana's DEX volume, optimizing slippage and providing real-time pricing data, further contributing to the platform's growth.

Solana本地的分散交换聚合器木星在这次激增中也起着至关重要的作用。木星占SOLANA DEX量的近70％，优化滑倒并提供实时定价数据，进一步促进了该平台的增长。

Ethereum's Ongoing Market Dominance

以太坊持续的市场主导地位

Despite Solana's surge in DEX market share, Ethereum continues to lead in high-value transactions. Ethereum is the clear leader in tokenizing real-world assets, accounting for 82% of over $5 billion in tokenized assets across blockchains. Ethereum's liquidity pools are also far superior to Solana's, and the network benefits from the support of layer 2 solutions that facilitate large trades, catering to institutional investors.

尽管Solana在DEX市场份额方面激增，但以太坊仍在高价值交易中领先。以太坊是代币化现实世界中的明确领导者，占区块链跨越50亿美元超过50亿美元的标记资产的82％。以太坊的流动性池也比Solana的流动性池也优于Solana的流动性，并且该网络受益于第二层解决方案，这些解决方案促进了大型行业，可满足机构投资者的需求。

OKX's report emphasizes that while Solana excels in retail trading with low-cost, fast transactions, Ethereum's ecosystem remains the preferred platform for large traders or whales due to its higher liquidity and robust infrastructure for high-value transactions.

OKX的报告强调，尽管Solana在零售交易中以低成本，快速交易的速度出色，但以太坊的生态系统仍然是大型贸易商或鲸鱼的首选平台，因为其流动性较高和高价值交易的强大基础设施。

Challenges Ahead for Solana's Growth

Solana增长面临的挑战

While Solana's DEX market share surge is certainly impressive, there are concerns about the sustainability of its growth. Solana's total value locked (TVL) lags behind Ethereum, raising questions about its long-term ability to maintain high transaction volumes. Solana's success thus far has been largely driven by its affordable transaction costs and high-speed operations, attracting retail traders. However, the network's liquidity is still smaller compared to Ethereum, and this may hinder its ability to sustain such high volumes over time.

尽管Solana的DEX市场份额激增肯定令人印象深刻，但人们担心其增长的可持续性。 Solana的总价值锁定（TVL）落后于以太坊，引发了有关其长期维持高交易量的能力的疑问。到目前为止，索拉纳的成功主要是由于其负担得起的交易成本和高速业务所驱动的，吸引了零售商人。但是，与以太坊相比，网络的流动性仍然更小，这可能会阻碍其随着时间的推移维持如此大量的能力。

Solana's next few months will be crucial as it attempts to scale its infrastructure to meet the demands of an expanding user base and ensure its market share remains stable.

Solana接下来的几个月将是至关重要的，因为它试图扩展其基础设施以满足扩大用户群的需求并确保其市场份额保持稳定。

Solana's Price Performance and Market Outlook

Solana的价格表现和市场前景

Solana's impressive market activity is also reflected in its price performance. Following a three-day losing streak in January 2025, Solana's price recovered by 4.5%, stabilizing around $240. This recovery has sparked a rise in leveraged long positions, indicating growing investor confidence in Solana's continued growth potential.

Solana令人印象深刻的市场活动也反映在其价格绩效中。在2025年1月的三天失败之后，索拉纳的价格恢复了4.5％，稳定在240美元左右。这种恢复引发了长期利用的提高，这表明投资者对Solana持续增长潜力的信心不断增加。

Looking ahead, Solana seems poised for further upside. With increasing leverage in the derivatives market and growing retail interest, Solana's price could continue to experience a rebound if its DEX market share remains strong.

展望未来，Solana似乎有望进一步上升。随着衍生品市场的杠杆率不断提高并增加了零售利息，如果其DEX市场份额仍然很强，Solana的价格可能会继续经历反弹。

Solana's Role in the Future of DeFi

Solana在Defi的未来中的作用

Solana's rise in the DEX market showcases a significant shift in the decentralized finance (DeFi) ecosystem. Its high-speed transactions, low fees, and developer-focused tools have positioned it as a strong challenger to Ethereum's dominance. While Ethereum still leads in high-value transactions and institutional support, Solana's rapid growth in DEX volume shows that it is carving out its place in the decentralized world.

Solana在DEX市场上的增长展示了分散的金融（DEFI）生态系统的重大转变。它的高速交易，低费用和以开发人员为中心的工具将其定位为以太坊统治力的强大挑战者。尽管以太坊仍在高价值交易和机构支持中，但索拉纳在DEX量中的快速增长表明，它正在分散世界中的地位。

Whether Solana can maintain its market share, scale its liquidity, and sustain its growth will unfold in the coming months. However, its upward trajectory in the DeFi space is undeniable, and the competition with Ethereum is only just beginning.

Solana能否维持其市场份额，扩展其流动性并维持其增长，将在未来几个月内展开。但是，它在Defi空间中的向上轨迹是不可否认的，与以太坊的竞争只是刚刚开始。