Solana performs exceptionally well in the decentralized exchange (DEX) market. According to DefiLlama data, Solana's average daily DEX trading volume exceeds $6 billion, accounting for a market share of 45%, while the trading volumes of other major blockchains have significantly declined. Moreover, Solana's total locked value (TVL) has reached $9.2 billion, far surpassing BNB Chain's $5.3 billion.

DappRadar reports that the number of active DApp addresses on Solana has reached 29.3 million, leading over Near, opBNB, and Base. The funding rate for SOL futures reached 4.2% on November 22, while the funding rate for long positions stabilized at 2.4%, indicating market optimism towards Solana.