PancakeSwap Reaches $500 Million Trading Volume on Solana: Evidence of Growing DeFi Adoption

Updated

August 22, 2025

Gambar PancakeSwap Reaches $500 Million Trading Volume on Solana: Evidence of Growing DeFi Adoption

Jakarta, Pintu News – PancakeSwap, one of the world’s largest decentralized exchanges (DEX), has just set a new milestone by surpassing $500 million in total trading volume on the Solana blockchain. This achievement marks the growing adoption and popularity of PancakeSwap on one of the fastest and most scalable blockchain networks today.

According to a report from Coinpedia, this increase in volume reflects the increasingly intense user activity and the crypto community’s growing confidence in the Solana ecosystem.

Why is this milestone important?

Multichain Diversification
PancakeSwap was previously known as the main DEX on Binance Smart Chain (BSC). Its expansion to Solana proves the multichain strategy is increasingly effective to reach more users.
Solana Ecosystem Growth
Solana is increasingly seen as a strong alternative to Ethereum thanks to its high scalability and low transaction fees. With PancakeSwap on board, liquidity and DeFi activity on the network is growing rapidly.
Indicator of Investor Confidence
The $500 million volume is a sign that traders and investors trust Solana’s PancakeSwap service, both in terms of security and efficiency.

Also Read: 3 Predictions in the Crypto World in 2026 Based on Historical Data

PancakeSwap (CAKE) Current Price Condition

Price: $2,62
Market cap: $905.56 million
24h volume: $67.72 million (down 33.15%)
TVL (Total Value Locked): $2.14 billion
Supply in circulation: 344.4 million CAKE out of a maximum of 450 million

Although CAKE prices are down 3.6% in the past 24 hours, this achievement at Solana has the potential to provide a new boost to market sentiment in the medium term.

Conclusion

With over $500 million in trading volume on Solana, PancakeSwap strengthens its position as the leading cross-blockchain DEX. This achievement not only demonstrates the popularity of PancakeSwap, but also underlines the growth of the Solana ecosystem as one of the major players in the DeFi world.

Also Read: Dogecoin Breakthrough Prediction: Analyst Ali Martinez Predicts DOGE Price Spike of Up to 40%

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