Solana Surpasses $10.1B in Cross-Chain Volume!

The Solana network continues to assert itself in the crypto universe. According to recent data, Solana’s cross-chain bridges reached a total incoming transaction volume of $10.1 billion, marking an impressive increase of 114% in one year.

Explosion of transactions on Solana: +114% in 1 year!

Cross-chain bridges allow users to transfer cryptocurrencies from one blockchain to another, thereby fostering interoperability among ecosystems. By February 2024, the total volume of incoming transactions on Solana was $4.7 billion. However, between November 2024 and January 2025, the network experienced an explosion of its activity, recording over $6 billion in new incoming flows.

• November 2024: $1.1 billion
• December 2024: $2.5 billion
• January 2025: $3.2 billion

But on February 10, 2025, these bridges on Solana reached $10.1 billion, representing a meteoric rise of 114% compared to February 2024. This surge coincides with growing interest in Solana, particularly due to its low transaction fees and speed.

USDC dominates incoming crypto transactions with a volume of $3.9 billion, followed by an outgoing volume of $4.7 billion. Ethereum (ETH) comes in second with approximately $2 billion in incoming and outgoing flows. Finally, the network’s native asset, Solana (SOL), ranks third with $1.5 billion in incoming volume and $1 billion in outgoing volume.

Solana versus Ethereum

Despite its rapid growth, Solana’s bridge volume remains lower than Ethereum’s, which recorded $38 billion during the same period. In April 2024, the lowest month for Ethereum, its volume was still $5.1 billion, which is much higher than SOL’s monthly performances.

The spectacular growth of Solana’s inter-chain bridges demonstrates its increasing appeal in the crypto ecosystem, as evidenced by Franklin Templeton’s tokenized fund launch on the platform. Although its volume remains lower than Ethereum’s, its rapid evolution indicates a promising future! Solana could thus continue to establish itself as a major alternative.