Solana bridges reach $10.1B all-time inbound volume

Solana’s all-time inbound bridge volume since 2021 has reached more than $10.1 billion, a 114% increase over its total volume to February 2024, which was $4.7 billion. 

A Flipside data dashboard by analyst h4wk showed that on Feb. 10, Solana’s crypto bridges reached a total inbound volume of $10.1 billion. The data showed that the USD Coin (USDC) was the most-bridged asset in the Solana ecosystem, with $3.9 billion all-time inbound volume and $4.7 billion outbound volume. 

Ether (ETH) followed in second place with about $2 billion in inbound and outbound volumes, while the chain’s native asset, Solana (SOL), was in third place with $1.5 inbound and $1 billion outbound volume. 

Solana bridge Wormhole continued to be the most-used platform for bridging in Solana, with $7.3 billion all-time volume. However, the platform has seen a small decline over time. Because of this, its competitor, deBridge, has started to catch up, overtaking Wormhole by 12% in terms of weekly volumes in February. 

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Solana bridge volume grows 114% in one year

According to the data, Solana had an overall inbound volume of $4.7 billion since its inception up to Feb. 12, 2024. This means the blockchain’s all-time inbound volume grew by 114% in just one year, surpassing its combined performances in previous years. 

Data platform DefiLlama shows that Solana bridges had relatively lower volumes in the first 10 months of 2024. However, the network’s bridges surged from November 2024 to January 2025, recording volumes of over $6 billion. 

In November, Solana bridges reached a monthly volume of $1.1 billion. The bridges recorded $2.5 billion in December and $3.2 billion in January. 

However, while Solana bridge volumes exceed other blockchains, they are still minuscule compared to the bridge volumes generated by the Ethereum network. In the same time frame, bridges to Ethereum recorded a volume of $38 billion. 

Ethereum bridge volume was also strong throughout 2024, with its lowest monthly performance being April, with a volume of $5.1 billion. 

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