Solana Price Climbs Amid Rise of Private DEXs

Solana’s DeFi landscape is undergoing a literal silent revolution. The increase in trades happening on private DEXs is driving Solana’s move towards dark vault trading that is difficult to track.

These changes are transforming the way trades are carried out on Solana and have effects on its native token, SOL, that traded as high as $185 earlier this week, which was its highest level in three months, and was trading at $180 by Wednesday.

Even so, the rising price doesn’t show the whole story. Hidden from the public eye, it’s becoming more common for trades to route through private DEXs that hide order books and have barely any public information.

Smart Vaults and Oracles Redefine Solana Execution

Pine Analytics says that platforms like SolFi, Obric v2, and ZeroFi now handle about 40% to 60% of the Jupiter-routed trade volume. Rather than build exchange-style platforms, these services use smart contracts and Oracles to ensure top-tier execution.

One Solana engineer who knows its architecture described this move as not simple stealth trading, but as highly targeted strategies. They gain advantage by giving better prices, processing trades quicker, and causing less market disturbance.

Every major player works in a specific area. High-volatility meme coins are most commonly traded on SolFi, but Obric v2 and ZeroFi manage most of the stable token action, in pools like SOL/USDT and SOL/USDC.

At the same time, this fast growth has both upsides and downsides. The hype around meme coins and quick Solana vault trading has been a main driver of the recent rise in SOL’s price. But at the same time, the absence of transparency and the lack of centralized interfaces have made some market observers and authorities nervous.

Solana Aims to Match Private DEX Speed Publicly

Pine Analytics’ DeFi analyst pointed out that it is difficult to see where risk builds up when there’s no public ordering system or trader platform. Strong traders like the secretive nature of these platforms, but institutions and regulators, such as the SEC, might be concerned.

Solana is already responding. Upcoming network upgrades are meant to improve the communication between different decentralized apps, making trading on public exchanges more efficient . The goal is to make open platforms as fast as the dark DEXs, drawing volume back into public view.

This uncertain state hasn’t stopped traders from being upbeat. Buoyed by a historic $50 million in dApp weekly revenues, SOL is likely heading for $300, analysts predict. At the same time, this week Bonk (BONK) jumped 60%, showing just how much power private exchanges have built up.

While Solana moves into dark DeFi, the difference between progress and secrecy is becoming clear in real time. The future round of blockchain innovation is likely to be won by either transparency or profitability.