2025-12-16 04:26:05

Solana's on-chain trading activity reveals an interesting metric: only around 500 active traders are consistently engaging on the network. This data point highlights the gap between Solana's total user base and those actually trading on-chain. While the blockchain has processed significant transaction volumes, the concentration of active trading participants remains relatively modest. This suggests potential untapped liquidity pools and growth opportunities within Solana's ecosystem, as the network continues to compete with other Layer 1 solutions for trader adoption and engagement.

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BearMarketSunriser

· 2025-12-18 17:41

500 active traders? Can this data be true? It feels exaggerated. --- Is this all for the SOL ecosystem? Still talking about growth opportunities. --- Basically, no one is really using it; the liquidity pools are all frozen. --- With such fierce competition in layer1, it's indeed embarrassing that SOL is still at this level. --- How do so many traders support such a large trading volume? --- Instead of calling it a growth opportunity, it's more like they haven't found the real application scenarios yet. --- With such a large user base, only 500 active traders? The conversion rate is really disappointing.

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ChainWatcher

· 2025-12-17 10:35

500 active traders? That data seems a bit exaggerated, feels inflated. --- Is the Solana ecosystem really like this? No wonder it's always being pressed down by ETH. --- Wait, how are these 500 people counted? Is on-chain data so opaque? --- Honestly, no one is using it after all. Half of the liquidity pools are abandoned. --- Opportunities are opportunities, but first, someone has to come... --- High trading volume doesn't mean much if only a few hundred are truly active. The gap is a bit awkward. --- Wait, is this recent data or old news? --- So, DeFi is still more active on Ethereum, while Solana is indeed quite cold. --- 500 people supporting such a large trading volume? If it weren't for bots running the market, I wouldn't believe you.

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FlippedSignal

· 2025-12-16 04:56

500 active traders? The number is really embarrassing for Solana; even vanity metrics can't hide it. --- The on-chain real active users are so low, no wonder the ecosystem feels so quiet. --- Wait, are you saying that only this many people are trading on Solana? Then a high TPS is just inflated. --- "Potential growth opportunities"... Just hearing this, it sounds like it's not working right now. --- 500 traders vs. a massive number of wallets, the gap is huge, no kidding.

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