Solana remained the second-ranked blockchain network by weekly spot trading volume on decentralized exchanges, behind Binance, for the week ending October 23, 2026. Trading volume reached $12.63 billion, down from $13.61 billion the previous week. This marked the 14th consecutive week in which Solana outperformed the centralized exchanges Bybit, Coinbase, and Kraken. Despite the weekly decline, strong on-chain activity reflects continued preference for Solana’s decentralized trading environment.
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