Data cited by Techub from Crypto Briefing shows that trading volume on Solana-based decentralized exchanges has exceeded that of major centralized exchanges for nine consecutive weeks. Across all trading platforms, Solana now ranks second, trailing only Binance. The report says that even as SOL faces price pressure, the continued rise in DEX activity points to Solana’s growing weight in the market. Crypto Briefing also noted that the trend could help lift institutional interest and adoption. The update focuses on platform-level trading volume positioning rather than token price performance, highlighting the divergence between SOL’s price challenges and the expansion of on-chain trading activity within the Solana ecosystem.
Trading volume on Solana-based decentralized exchanges has surpassed that of major centralized exchanges for nine straight weeks, according to data cited by Techub from Crypto Briefing. Across all platforms, Solana ranks second only to Binance.
The report said SOL is still facing price challenges, but rising DEX volume on Solana is highlighting the network’s growing market influence. It added that the trend could also support stronger institutional interest and adoption.
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