Solana's cryptocurrency has experienced a notable surge, reaching a price of $216, leading all top 20 coins in 24-hour gains as of late August 2025. The token surpassed $210 on August 27 and continued to climb, demonstrating strong market momentum. Concurrently, Solana's decentralized exchange (DEX) ecosystem has shown robust activity, with a 24-hour DEX volume of $5.08 billion, exceeding Ethereum's volume by 56% and Base's by 218%. This marks the third consecutive day that Solana has led all blockchain networks in daily DEX volume. Additionally, Solana's perpetual futures market recorded a monthly trading volume of $43.88 billion in August 2025, setting a new all-time high and surpassing the previous peak from November 2024 after nine months. Ethereum also reached an all-time high price of $4,938 during this period, but Solana's performance in trading volume and price gains stands out among major cryptocurrencies.