Catenaa, Friday, February 21, 2025 – Solana’s total bridge volume has surged past $10.1 billion, more than doubling its February 2024 figure of $4.7 billion, signaling increased adoption of its cross-chain capabilities.
According to Flipside data, USD Coin (USDC) led all bridged assets, with $3.9 billion in inflows and $4.7 billion in outflows. Ether followed with $2 billion in transactions, while Solana’s native token, SOL, recorded $2.5 billion in combined volume.
Wormhole remains the leading Solana bridge with $7.3 billion in all-time volume, though its dominance has slipped, allowing deBridge to gain ground.
DeBridge surpassed Wormhole in weekly volumes by 12% in February 2025, reflecting growing competition in the Solana ecosystem.
The surge comes as Solana’s decentralized exchanges (DEXs) see record activity. February’s trading volume hit $59.55 billion, surpassing Ethereum’s $34.75 billion.
Stablecoin supply on Solana also hit an all-time high of $11.7 billion, fueled by Circle’s $6 billion in newly minted USDC.
Despite its gains, Solana’s bridge volume still trails Ethereum’s $38 billion in the same period. However, as liquidity gravitates toward faster, cost-efficient networks, Solana continues to strengthen its position in DeFi.
