Solana Surpasses Coinbase, Kraken in Crypto Trading Volume

Solana has made significant strides in crypto trading volume, surpassing both Coinbase and Kraken in daily and weekly spot trading activity. According to recent market data, Solana now ranks behind only Binance and Bybit among major trading venues.

The network's strong performance is reflected in its high on-chain activity, with Solana processing a large share of blockchain transactions. Recent chart data shows that network usage has recovered after pulling back from earlier 2026 levels.

However, there is a mixed market picture for traders tracking Solana trading volume and network health. While Solana's spot volume has moved ahead of Coinbase and Kraken, its fee value share remains weaker than its transaction share.