Solana Volume Soars 70%: Could SOL Surpass Ethereum in September 2025?

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Key takeaways

So, Solana’s on a tear. Trading volumes and Open Interest are spiking. Oh, and rumor has it there’s a Solana ETF coming soon. It’s getting interesting. September could be the big month, folks. Strap in.

Solana [SOL], it’s back! Guess what? The spotlight is on it now. And no, this is not a drill. DEX trading volumes are up, and that’s a pretty clear sign that Solana’s heating up faster than a pizza oven on a Friday night.

Ethereum [ETH], still king of the mountain, is like that guy who’s been in the gym forever but is now barely making gains. So, the big question for September: Can SOL keep this pace and actually do the thing-outshine ETH? We’ll see…

Solana Outpaces Ethereum as ETF Hype Builds

Okay, so here’s the juicy bit. Solana’s daily DEX volume? A whopping $7.93 billion, nearly doubling Ethereum’s $4.03 billion. And what does SOL do in the meantime? Posts an 8% weekly gain while ETH’s volume is slipping by almost 13%. Ouch, ETH, you okay over there?

Now, Ethereum’s still ahead on the 30-day count-$135.6 billion versus Solana’s $109.6 billion. But guess what? That gap? It’s shrinking faster than your friend’s excuses to not work out.

And here’s where it gets spicy-Solana ETF talk. Polymarket? They’re throwing odds at 99% approval. If that’s true, institutional demand could ramp up Solana’s momentum faster than I can finish my coffee.

Let’s say the ETF gets approved-SOL might just be in the right place at the right time to kick Ethereum off its throne. Could it happen? Well, September’s looking like the month to keep an eye on…

SOL Holds Strong Despite Pullback

Okay, let’s talk charts. Solana’s hanging in there, still up 12% over the last 30 days. Not bad, right?

Ethereum’s doing better-24% up-but hey, that difference? It’s not what it used to be. Solana had a crazy mid-August rally, then cooled off a bit. ETH did something similar, but, you know, with slightly stronger gains. Classic.

And here’s the real kicker: Despite that slight dip, Solana’s price trend is still strong, and it’s backed by solid trading activity. Let’s face it, when there’s activity like this, it’s like having a line at the door to your favorite restaurant. You know it’s something good.

The ultimate question: Can Solana keep it up in September? Or is Ethereum’s lead too strong? Only time will tell, but I’m on the edge of my seat.

OI Shows Confidence

Open Interest for Solana has climbed back above $6.2 billion. Traders aren’t scared. Despite a little price pullback, they’re keeping positions open like people who are still waiting for their Uber driver to show up.

At the same time, Funding Rates are pretty flat, so there’s no major rush toward longs or shorts. It’s like everyone’s just chilling, waiting for the next big move. A balanced market, you know? It’s a healthy environment where things could just keep building naturally.

If Solana can keep its cool, it might just have what it takes to keep challenging Ethereum through September. Time will tell. But I’m not betting against it just yet.

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2025-08-25 19:18