Bitcoin Weekly Trading Volume on Solana Hits Eight-Week High

Spike in Bitcoin trading activity marks a notable resurgence in Solana's DeFi ecosystem. Bitcoin trading on Solana has reached its highest weekly volume in two months, signaling renewed momentum in Solana's DeFi markets. The total weekly trading volume for Bitcoin pairs on Solana crossed $675 million for the week ending July 27, 2025. This marks a significant rise from $659 million the previous week and $411 million the week before that. This represents the highest level since early June.

Volume Growth Across Key Trading Pairs

The chart provided shows consistent growth across major Bitcoin trading pairs on Solana. BTC-SOL and BTC-USD continue to dominate overall volume, with BTC-BTC and "Other" pairings contributing a smaller but consistent share. Notably, BTC-SOL trades have maintained a strong presence throughout the period. A week-by-week breakdown highlights the upward trend, with volumes recorded at approximately $516 million for the week ending June 1, $418 million on June 8, and $477 million on June 15. Activity remained relatively stable in late June, with $431 million and $433 million logged for the weeks ending June 22 and June 29, respectively. The first week of July saw a drop to $328 million, but volumes quickly rebounded to $411 million on July 13, followed by a surge to $659 million on July 20 and a further increase to $675 million on July 27. After a temporary dip in early July, activity began climbing again, with volumes increasing by more than 60 percent between July 13 and July 27.

Renewed Interest in Wrapped Bitcoin Tokens

This rise in trading activity aligns with broader developments within Solana's Bitcoin ecosystem. Recent data indicate significant growth in the supply of wrapped Bitcoin tokens, including $WBTC, $cbBTC, and $zBTC. Solana's DeFi applications demonstrate strong user demand for Bitcoin exposure, evidenced by a total market value exceeding $734 million from 6,277.09 wrapped Bitcoin tokens on Solana. Coinbase's $cbBTC and BitGo's $WBTC have seen particularly strong uptake, now accounting for the majority of wrapped Bitcoin on the network. Meanwhile, emerging tokens like $zBTC have gained traction as users seek alternatives optimized for cross-chain transfers and programmatic integrations.

btcSOL and Marinade Launch Dual-Asset Staking Model

A new development in Solana’s Bitcoin ecosystem is the introduction of btcSOL, a dual-asset staking model created in partnership with Marinade Finance. This model enables users to stake $SOL and automatically accumulate native Bitcoin in the form of $zBTC. Marinade, known for its institutional-scale staking infrastructure, now supports this new mechanism that integrates Bitcoin accumulation directly into the Solana staking process.

This initiative enables users to maintain exposure to Solana while systematically accumulating Bitcoin, eliminating the need for manual rebalancing or complex investment strategies. btcSOL operates under a model known as the Dual Asset Accumulation Strategy (D.A.A.S), which converts 5.5 percent of a user’s staked $SOL into $zBTC over time. The result is seamless exposure to both Solana’s growth potential and Bitcoin’s store-of-value appeal in one streamlined position.

By combining Solana-native staking with automated Bitcoin accumulation, btcSOL and Marinade Finance provide a novel approach for users to diversify their portfolios without leaving the Solana ecosystem. This innovation may further drive the use of $zBTC and contribute to the overall increase in trading volume seen across the ecosystem.

Infrastructure Improvements and Ecosystem Integration

Infrastructure support has played a key role in this growth. On July 8, Garden Finance launched functionality to bridge Bitcoin to Solana from over ten different chains. This has lowered barriers to entry and improved liquidity across Solana-based platforms.

Solana’s high throughput and low latency continue to appeal to users trading volatile assets, such as Bitcoin. According to SolanaFloor data, over 329 on-chain programs now support $WBTC alone, with $cbBTC supported by more than 247. This deep integration across lending, yield farming, and trading protocols has contributed to increased on-chain usage.

A Broader Return to Activity

The renewed trading volume may also reflect a broader rebound in onchain trading interest. While centralized exchanges continue to dominate global Bitcoin markets, decentralized platforms are seeing increased traction, particularly on networks that offer scalability and low fees. Solana's recent performance suggests that Bitcoin's role in DeFi is not limited to Ethereum. Instead, users are increasingly turning to alternative chains, such as Solana, to execute Bitcoin-denominated strategies. If current trends hold, Solana could further strengthen its position as a key venue for Bitcoin activity outside of the Bitcoin and Ethereum blockchains.

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Frequently Asked Questions (FAQ)

Q: What is driving the increase in Bitcoin trading volume on Solana? A: The increase is attributed to several factors, including renewed interest in wrapped Bitcoin tokens like WBTC and cbBTC, the launch of innovative staking models like btcSOL in partnership with Marinade Finance, and significant infrastructure improvements such as Garden Finance's bridging functionality. Q: What are wrapped Bitcoin tokens on Solana? A: Wrapped Bitcoin tokens are representations of Bitcoin on the Solana blockchain. They allow users to leverage Bitcoin's value within Solana's DeFi ecosystem, enabling trading, lending, and other DeFi activities without leaving the Solana network. Q: How does the btcSOL and Marinade Finance partnership benefit users? A: This partnership introduces a dual-asset staking model where users can stake SOL and automatically accumulate native Bitcoin (zBTC). This offers a streamlined way to gain exposure to both Solana's growth and Bitcoin's store-of-value appeal. Q: What role does infrastructure play in Solana's growing Bitcoin ecosystem? A: Infrastructure improvements, such as enhanced bridging solutions from platforms like Garden Finance, lower the barriers to entry and improve liquidity for Bitcoin on Solana. This makes it easier for users to bring Bitcoin onto the network and participate in its DeFi activities. Q: Why are users turning to Solana for Bitcoin trading instead of just Ethereum? A: Solana's high throughput and low transaction fees make it an attractive alternative to Ethereum for executing Bitcoin-denominated strategies. This trend indicates a growing demand for efficient and cost-effective decentralized platforms for Bitcoin activity outside of the main Ethereum network.

Crypto Market AI's Take

This surge in Bitcoin trading volume on Solana highlights a broader trend of diversification and innovation within the cryptocurrency space. As users seek more efficient and cost-effective ways to engage with major assets like Bitcoin, alternative Layer 1 solutions like Solana are becoming increasingly attractive. Our AI-powered analytics platform, Crypto Market AI, continuously monitors these evolving trends, providing insights into emerging market dynamics. The integration of Bitcoin into ecosystems like Solana, facilitated by wrapped tokens and innovative DeFi products, demonstrates the increasing interconnectedness of blockchain networks and the potential for cross-chain utility. This development is a testament to the growing maturity of the DeFi landscape beyond Ethereum.

More to Read:

• AI-Driven Crypto Trading Tools Reshape Market Strategies in 2025
• Bitcoin Surges to $123K as US Pro-Crypto Laws and Stablecoin Reforms Take Hold

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Source: Originally published at SolanaFloor on July 29, 2025.