Phantom's updates in September 2025 have led to a significant increase in trading volumes on Solana, actively impacting SOL and related assets.
Phantom Updates and Their Impact on Trading
Phantom, known for its user-friendly interface and prominent role in Solana's DeFi ecosystem, announced its updates via Twitter. These enhancements, introduced in September 2025, boosted DeFi capabilities and allowed users to adjust their perpetual positions directly within the app, leading to significant changes in trading practices.
Changes in Trading Volumes on Solana
Following the rollout of the new features, spikes in volumes for SOL/USDC trading pairs were observed. Market participants noted increased activity on Solana-based perps, highlighting the updates' impact on market dynamics.
Financial Implications for DeFi on Solana
These changes carry financial implications, including shifts in liquidity and valuation for Solana's native token, SOL. Phantom's integration with existing protocols amplified trading volumes and altered the DeFi landscape. Anticipated outcomes include further expansion in DeFi liquidity, with historical trends suggesting that similar updates have led to swift increases in TVL and price actions for integrated assets.
Phantom's updates continue to shape technological innovation in the crypto space, providing new opportunities for trading and investing in DeFi on Solana.
