Despite claims of declining activity, Solana DEX volume has remained relatively flat to slightly up since the "Trump coin" mania, with current 24h volume at $3.649b. While the number of weekly traders on Solana DEXs has decreased since late 2024 highs, recurring traders still form the majority of the user base. Investors should note the recent uptick in Solana DEX volume in August 2025, suggesting a potential rebound in activity.