SOL liquidity accelerates: proprietary market makers tighten spreads as competition intensifies

The market structure on Solana is undergoing an unprecedented transformation. According to ChainCatcher, it was reported at the Solana Breakpoint Conference that the trading landscape is evolving in real-time with increasingly competitive dynamics.

The numbers speak for themselves: in May, the Solana network reached 100,000 TPS directly on the mainnet, not on testnet or paper. This data is not just theoretical—it represents a concrete operational capacity that is reshaping the entire ecosystem.

The market reacts to the narrowing of spreads

Proprietary market makers have significantly reduced their intermediary margins. This contraction of spreads signals increasingly fierce competition among various operators. The trading volume of the SOL-USD pair has already reached three times the volume of other platforms, a clear indicator of SOL’s growing centrality in global liquidity flows.

With an average of $140.72M in trades over 24 hours, SOL continues to solidify its position as one of the most liquid markets in the entire sector. The order book deepens and narrows daily, indicating that more and more operators are flocking to the Solana network to participate in this rapidly evolving market dynamic.

Competition among various exchanges and market makers remains extremely intense, with the network itself continuing to demonstrate its infrastructural capacity to support increasing volumes without compromising speed or efficiency.