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Solana’s PropAMM recorded $19.8B in trading volume in March, surpassing the $19.2B combined SOL spot volume on the top four centralized exchanges. A market tied to Solana reaching $150 by April is currently showing a “? YES” position, with 7 days left until resolution on April 30.
The $19.8B PropAMM figure exceeding centralized exchange volume is presented as a measure of on-chain demand for SOL trading. The market for Solana reaching $150 by April 30 has 7 days remaining until settlement. The April 13–19 version of the market already resolved at 100% YES, confirming a prior move above that threshold.
PropAMM’s volume overtaking centralized exchanges is described as evidence of a structural shift toward on-chain trading on Solana. However, the article notes that the current market has no trading volume, and that limited liquidity could lead to volatile price swings near resolution. It also cautions that the 100% YES outcome on the April 13–19 market may not reflect broad conviction if few participants were actively trading the longer-dated contract.
At “? YES,” the article states that a YES share pays $1 if SOL hits $150 by April 30. It also emphasizes that the $19.8B volume figure is less meaningful as a standalone metric than as evidence of growing on-chain liquidity that could support price levels.
Key items to monitor include announcements from Solana Labs on network upgrades or institutional partnerships, and whether PropAMM volume continues into April or was limited to a one-month spike. The article also highlights that regulatory developments and macro conditions may influence whether SOL can hold near the $150 level.
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