Solana’s DEX volume nears $50 billion a month as the network tops Coinbase and Kraken in spot trading
Solana’s surge in trading volume is emerging as a key signal for market sentiment heading into Q3. DEX activity has been accelerating across chains, with Solana taking an outsized share of the latest record volumes, according to DefiLlama. The network has also recently outpaced Coinbase and Kraken in spot volume, suggesting broader demand beyond on-chain venues.