The annual spot trading volume on the Solana chain has surpassed all off-chain trading platforms except Binance

Jan 5, 2026 11:34:57

According to data from Jupiter, the spot trading volume on the Solana chain officially surpassed all off-chain trading platforms except Binance in 2025, reaching $1.6 trillion.

Since 2022, the trading volume on the Solana chain has skyrocketed from 1% of the total trading volume to 12%. In 2025, Solana's total trading volume officially exceeded that of Bybit, Coinbase Global, and Bitget. Meanwhile, since 2022, Binance's market share has decreased from 80% to 55%.

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