According to @sns, 2025 saw +218% year-over-year growth in registrations, +164% YoY in unique registrations, and $1.01 million in secondary sales volume, highlighting what the team calls momentum that didn’t reset (source: @sns, Dec 19, 2025, https://twitter.com/sns/status/2002002155197063599). These reported YoY accelerations and secondary market turnover provide concrete demand and liquidity metrics for traders tracking SNS-linked markets (source: @sns, Dec 19, 2025, https://twitter.com/sns/status/2002002155197063599).