On January 5th, according to Jupiter data, Solana's on-chain spot trading volume officially surpassed all off-chain trading platforms except Binance by 2025, reaching $1.6 trillion. Since 2022, Solana's on-chain trading volume has surged from 1% to 12% of total trading volume.
In 2025, Solana's total transaction volume officially surpassed Bybit, Coinbase Global, and Bitget. Meanwhile, Binance's market share has declined from 80% to 55% since 2022.
