Solana DEX Addresses Cross 750 Million, But Most Last Just Minutes

Solana’s decentralized exchange (DEX) ecosystem is booming in raw ￰0￱ 750 million addresses have been recorded interacting with Solana ￰1￱ a closer look shows a striking pattern, 96.6% of these addresses disappear within a ￰2￱ means the vast majority of trading addresses have a lifespan of less than 24 hours, often averaging just 15 ￰3￱ Burst or Volume Inflation? The short-lived nature of most addresses raises questions about what’s driving the activity. On-chain analysts suggest these addresses are likely spin-ups for volume ￰4￱ trend is particularly strong with new memecoins, where trading bots create fresh wallets, transact rapidly, and ￰5￱ boosts reported volume but says little about long-term user ￰6￱ reality, Solana’s DEX scene may look busier than it actually ￰7￱ Sticky Side of Solana DEX Users Not everything is ￰8￱ filtering past the one-day churn, the data tells a different ￰9￱ than 1.8 million addresses have remained active for over one ￰10￱ long-term DEX users hold an average lifespan of 655 days.

That’s nearly two years of activity, proof of real ￰11￱ more telling is the stickiness of addresses in the middle ￰12￱ 1 day to 1 week, 1 week to 1 month, 1 month to 1 quarter, and 1 quarter to 1 year, the numbers are surprisingly ￰13￱ fact, there are more addresses lasting 3–12 months than those sticking around for just 1–3 ￰14￱ suggests Solana’s trading community doesn’t fade quickly once it settles ￰15￱ Stickiness Matters Stickiness is a key metric for blockchain ecosystems. Short-term addresses inflate transaction numbers, but they don’t contribute to sustained liquidity or community ￰16￱ that last quarters or years drive the real ￰17￱ support consistent trading, provide liquidity, and engage across different DeFi ￰18￱ Solana, the data shows two extremes: a flood of fleeting addresses likely tied to memecoin speculation, and a solid base of loyal traders who stick around.

Solana’s DEX Landscape in Context Solana’s DEX boom comes during a period of high activity in memecoins and automated trading ￰19￱ network’s speed and low fees make it a perfect playground for bots and volume pushers. Yet, the 1.8 million+ long-term addresses show Solana isn’t just ￰20￱ are real users engaging in swaps, liquidity provision, and long-term DeFi ￰21￱ balance between noise and genuine growth is ￰22￱ Solana’s sticky base expands while the churn continues, the DEX ecosystem could mature into one of the strongest in ￰23￱ Analysts Are Saying A recent analysis shared by DeFi Oasis 探寻了 Solana DEX 交易者的生命周期（第一笔到最后一笔 DEX 交易的时间跨度），且过滤掉在近 24 小时内首笔 DEX 交易的新地址，发现许多有意思的点 – 总 Solana DEX 交易地址数超过 7.5 亿个，但 96.6% 的地址生命周期在 24 小时内，且平均生命周期大概在 15 分钟，大多数应该是被用于新 Memecoin… ￰24￱ — ￰25￱ (@defioasis) September 6, 2025 highlighted the same ￰26￱ the headline number of 750 million addresses looks impressive, the short lifespans show the importance of digging ￰27￱ takeaway: address count alone is ￰28￱ and lifespan reveal the true health of a ￰29￱ future of Solana DEX trading hinges on whether sticky addresses keep ￰30￱ new entrants convert into long-term users instead of one-day bots, Solana could lock in lasting ￰31￱ network already shows strong retention over months and ￰32￱ memecoin hype driving waves of short-term addresses, the challenge will be filtering the signal from the ￰33￱ now, Solana holds a unique dual identity: A hotspot for fast, speculative memecoin trading.

A sticky base of real traders with years of ￰34￱ fuel the ecosystem, but only the latter will define Solana’s long-term strength. Disclosure: This is not trading or investment ￰35￱ do your research before buying any cryptocurrency or investing in any ￰36￱ us on Twitter @nulltxnews to stay updated with the latest Crypto, NFT, AI, Cybersecurity, Distributed Computing, and Metaverse news !