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Solana overtakes major CEXs with $1.6T spot volume – Details


Solana [SOL] recorded the second-highest Spot Volume in 2025, behind only Binance [BNB]! As it surges ahead, liquidity and stablecoin supply are moving toward high-functioning blockchains. Here’s the rundown.

Is crypto trading going through a change?

In 2025, Solana’s on-chain Spot Volumes reached $1.6 trillion, overtaking every centralized exchange except Binance. Just three years ago, Solana accounted for barely 1% of total Spot activity. On the 4th of January, that figure was at 12%, according to Jupiter data.



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