Investment
Features
FeesSafety
Academy
More
Pluang+

58.4% of Solana DEX trades flagged as circular or botlike, questioning volume as market depth measure

Market News
25 Sep 2026
Tokenpost
View Source
Bearish
58.4% of Solana DEX trades flagged as circular or botlike, questioning volume as market depth measure

A review found that $117.7 billion, or 58.4%, of $201.4 billion in Solana decentralized exchange (DEX) trades between Aug. 24 and Sept. 22 were circular or botlike, involving repeated buying and selling within the same pool. This highlights that gross volume on Solana DEXs may not accurately reflect true market liquidity or depth. The flagged trades included activity by small wallet groups and involved tokens named after well-known companies, though no direct connections were confirmed. The analysis underscores the need for better metrics beyond volume to assess real trading activity and liquidity on decentralized platforms.

Solana DEX trades and their volume are the subject, with Pluang market data as context. As of Sep 25, 2026 15:02 WIB, among 50 major cryptocurrencies priced on Pluang, 37 rose and 12 fell. Notable price changes include CAKE at Rp49.987 with a 5.51% increase and a typical hold time of 75 days, ONE at Rp45 with a 4.55% rise and a typical hold time of 152 days, and EGLD at Rp81.070 with a 4.27% increase and a typical hold time of 84 days.

More News

PayPal expands PayPal USD stablecoin access to 70 markets globally for cross-border transactions

PayPal expands PayPal USD stablecoin access to 70 markets globally for cross-border transactions

PayPal has extended access to its dollar-pegged stablecoin, PayPal USD (PYUSD), to 70 markets worldwide, including regions in Asia-Pacific, Europe, Latin America, and North America. Eligible users can buy, hold, send, and receive PYUSD via PayPal, wi...

Protocol Fundamentals
Bullish
4 hours ago
US seizes $84.2M from Capstone over alleged illegal transfers for Tether and Bitfinex

US seizes $84.2M from Capstone over alleged illegal transfers for Tether and Bitfinex

US federal prosecutors have seized $84.2 million from Capstone Ltd., accusing the firm of facilitating illegal banking transfers for crypto companies Tether and Bitfinex through Wells Fargo and JPMorgan accounts. The case centers on EQIBank, a Caribb...

Market News
Bearish
4 hours ago
GE Vernova shows strong growth but shares are overvalued, prompting a 'sell' rating.

GE Vernova shows strong growth but shares are overvalued, prompting a 'sell' rating.

GE Vernova has demonstrated impressive growth in its Power and Electrification segments, with a backlog expanding to $176.28 billion and raised revenue guidance for 2026 to $45.5–$46.5 billion. Despite these strong fundamentals and expected EBITDA of...

Analyst Insights
Bearish
4 hours ago
Sequans sells final 314 Bitcoin, fully exiting crypto to pay down debt and focus on semiconductors

Sequans sells final 314 Bitcoin, fully exiting crypto to pay down debt and focus on semiconductors

Sequans Communications, a Paris-based semiconductor firm, sold its last 314 Bitcoin on September 24, completing its exit from a Bitcoin treasury strategy started in June 2025. The company used the proceeds to pay off convertible debt, eliminating dil...

Market News
Bullish
4 hours ago
PayPal expands PYUSD stablecoin to 70 markets, quadrupling supply since 2025

PayPal expands PYUSD stablecoin to 70 markets, quadrupling supply since 2025

PayPal has expanded its dollar-pegged stablecoin, PYUSD, from just the US and UK to 70 global markets including Colombia, Peru, Uganda, and Singapore. Since August 2025, PYUSD's circulating supply has grown from $1 billion to over $4 billion, making ...

Market News
Bullish
4 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App