Solana's on-chain spot trading volume reached $1.6 trillion in 2025, surpassing all CEXs except Binance
2026-01-04 05:11
Odaily News The Kobeissi Letter posted on the X platform, stating that Solana's on-chain spot trading volume officially reached $1.6 trillion in 2025, surpassing all centralized exchanges except Binance.
According to data from JupiterExchange, since 2022, the proportion of Solana's on-chain trading volume to the total trading volume has increased from 1% to 12%. In 2025, Solana's total trading volume officially surpassed that of Bybit, Coinbase Global, and Bitget. Meanwhile, Binance's market share has dropped from 80% to 55% since 2022. Cryptocurrency activity is rapidly shifting on-chain.
Recommended Articles
