2025 Main Chain Divergence Accelerates: Solana Dominates Meme Coins, Ethereum Stable Settlement, Newcomer Zcash Surges Remarkably

2025-12-24 16:40:12

【Crypto World】At the start of 2025, the main theme of the crypto market is quite interesting——tokens are generally lukewarm, but underlying public chains are each finding their own way.

Look at Solana and BNB Chain, which have long been very familiar with meme coins. In January, Solana’s DEX trading volume hit a new all-time high, and these two chains have become a paradise for speculators. In contrast, Ethereum has simply given up competing with these newcomers and is focusing on its own settlement engine. Layer 2 networks like Base have handled over 3.3 billion transactions, with mainnet transaction fees dropping to around $0.19, making them incredibly cheap.

Even more interesting is the performance of stablecoins. Their total market cap surged by 45%, which even led to the emergence of “stable chains” like Plasma, specifically optimized for stablecoins, demonstrating the market’s strong desire for stability.

But the most eye-catching are those “small but beautiful” new directions. Privacy coins like Zcash have surged 661% since the beginning of the year, and performance monsters like Monad are also emerging. What does this indicate? The era of solely pursuing speed and throughput is over; the market is now paying for specialized underlying infrastructure. Each chain is finding its own niche, competing not on throughput but on differentiation.

SOL-1.59%

ETH-0.92%

ZEC7.2%

BNB0.61%

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DeepRabbitHole

· 3h ago

Sol's surge is really fierce this time, but I feel like it's another crazy meme coin phase... ETH remains stable, the trading volume on the layer 2 is truly outrageous. Zcash's increase wasn't fully explained, leaving us wanting more. Stablecoins up 45%? What's the plan here? How long the DEX on Sol can maintain its popularity is the real question.

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BearWhisperGod

· 3h ago

Sol has directly taken off this time; I really didn't expect meme coins to attract such funding. Using Ethereum as a settlement layer is also feasible; anyway, the 0.19 gas fee is indeed a hassle. Stablecoins surged by 45%? What does this indicate? Has Zcash, the privacy coin, come back to life? It was about time to pay attention to this sector. Solana's DEX trading volume hit a new all-time high; the meme coin paradise is confirmed. The Base layer 2 is the real main force; the Ethereum network layer is becoming increasingly redundant. The concept of stable chains is hot; will Plasma be the next scam trend? Meme coin players are really bold; Solana is basically their ATM. Ethereum giving up the fight and instead winning shows some deep strategic thinking. Zcash's surge is astonishing... Is privacy coin about to be hot again?

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MoonlightGamer

· 3h ago

Solana is really taking off this time, and I didn't even realize the DEX trading volume hit a new high... But honestly, ETH's stablecoin ecosystem is the real money-maker. Privacy coins like ZCash suddenly gaining momentum, does it feel like another short-term hype cycle? Who can hold on? Base processed 3.3 billion transactions, and the transaction fees are still so low... ETH's move was really the right one. Meme coin paradise is still meme coin paradise, but I still prefer the ecosystem infrastructure; the long-term returns are just too different. Plasma stable chain? How long can this new concept stay popular? Let's wait and see.

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not_your_keys

· 4h ago

Sol this wave is indeed fierce, but it feels like just the last wave of retail investors bleeding out... It's quite clever for Ethereum to settle passively; anyway, with transaction fees being so cheap, who still wants to bother? Zcash's surge is so fierce—are privacy coins about to make a comeback? Solana's trading volume hits a new high. What's that strange new coin on DEX that's chopping the leeks? Stablecoins up 45%, haha, everyone wants stability... but is this a sign of a crash coming? Base has processed 3.3 billion transactions; this time, Layer 2 really took off. Meme coin paradise is spot on—tons of memes bouncing around on Solana. The crypto world is just a casino. Wait, is Zcash really about to rise? I've been over this privacy coin for a long time. It's definitely another wave of capital shifting from speculation to stability—old routine. If Solana keeps going like this, will daily active users collapse? It feels a bit risky with all-time highs every day.

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LiquidationWatcher

· 4h ago

Sol has taken off again this wave, it seems the retail investors in meme coins haven't been fully drained yet. ETH is really smart, simply becoming the settlement layer, with incredibly low fees—everyone who uses it knows. Stablecoins have increased by 45%? Are we entering the era of stablecoins? I like Zcash, this privacy coin—low profile is the key to explosive growth, haha. BNB and Sol are just playgrounds for speculators; if you want quick profits, go to those two chains. Base has processed 3.3 billion transactions; ETH's moat is truly unmatched. It feels like this year's main chain differentiation is the biggest narrative—each fighting on their own, no one can monopolize. Plasma, this new concept, sounds like it was tailor-made for stablecoins—there's something there. Small coins are the real surprises; the big coins have all become settlement tools. Solana's recent transaction volume data is dazzling me—are we about to surpass Ethereum's pace?

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