Solana Achieves Record Trading Volume, Overtakes Major Exchanges

Solana Achieves Record Trading Volume, Overtakes Major Exchanges

user avatar

by Elias Mukuru

8 months ago

Made with AI

In a striking development for the cryptocurrency landscape, Solana has achieved a monumental milestone in 2025, with its on-chain trading volume skyrocketing to 16 trillion. This surge positions Solana ahead of major exchanges like Bybit, Coinbase Global, and Bitget, with only Binance maintaining a lead, as enthusiastically stated in the publication.

Solana's Trading Volume Growth

The impressive growth in Solana's trading volume is largely attributed to heightened market activity and the anticipated benefits of the upcoming Alpenglow upgrade. This upgrade is expected to enhance the network's performance and attract even more users to the platform.

Market Share Dynamics

As a result of this surge, Solana's market share has seen a significant increase, while Binance's dominance has notably waned, dropping from 80% in 2022 to just 55% in 2025. This shift indicates a changing landscape in the cryptocurrency market, with Solana emerging as a formidable competitor.

In light of Solana's recent trading volume surge, it's noteworthy that Solaxy has introduced a new Layer-2 network aimed at enhancing scalability and performance. For more details, see further information.

Tier I

Sector: #18291

Sealed Cache Room

Resource Cache

Resource Cache

Tier I

Requires 25% Tier Progress to Claim
Meme Cache

Meme Cache

Tier I

Requires 50% Tier Progress to Claim
Equipment Cache

Equipment Cache

Tier I

Requires 75% Tier Progress to Claim

After collecting, caches will be stored in your inventory and can be opened with Keys.

Other news

Defillama Releases New Report on Industry Metrics

chest

A new report has been released by Defillama, focusing on key metrics in the industry. This report aims to provide insights into the current trends and developments.

user avatarRajesh Kumar

Farside Enforces a Rigid Editorial Policy.

chest

Farside has announced a strict editorial policy focusing on accuracy, relevance, and impartiality to enhance reporting quality and build audience trust.

user avatarLucas Weissmann

New SEC Report Published.

chest

A report has been released based on information provided by the SEC, aimed at informing the public and increasing transparency regarding its activities.

user avatarFilippo Romano

Gal Gadot Embraces AI in New Bitcoin Thriller

chest

Gal Gadot stars in the AI-produced Bitcoin thriller 'Bitcoin Killing Satoshi', acknowledging the need to adapt to new technologies in film.

user avatarEmily Carter

Sorare Faces Legal Challenges Over Gambling Allegations

chest

Sorare is facing legal challenges from the Gambling Commission regarding its operations and the classification of its fantasy soccer game.

user avatarKaterina Papadopoulou

NCA Freezes £136 Million Linked to Premier League's Sponsorship Deal

chest

The UK's National Crime Agency has frozen over £136 million in a bank account belonging to the Premier League amid an investigation into a crypto sponsorship deal.

user avatarTomas Novak

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.