Solana Achieves $1.6 Trillion Onchain Trading Volume in 2025, Surpassing Major Exchanges
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Jan 03 2026- Surge in Trading Volume: In 2025, Solana's onchain trading volume reached $1.6 trillion, surpassing several major exchanges including Coinbase, highlighting the rapid rise of decentralized trading platforms.
- Market Share Shift: Onchain trading grew from about 1% in 2022 to roughly 12% in 2025, reflecting increased trader comfort with decentralized applications, which may reshape liquidity dynamics in the crypto market.
- Intensified Competition with Centralized Platforms: While Binance remains the largest exchange, its market share has declined from 80% in 2022 to approximately 55%, indicating a shift towards decentralized exchanges that could impact future profitability.
- Sign of Industry Transformation: The rise of Solana signifies not just an increase in trading volume but a structural change in the crypto market, potentially challenging the entire centralized exchange model as institutional-grade tools and compliance layers integrate into DeFi ecosystems.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
