Solana overtakes major CEXs with $1.6T spot volume – Details

ambcryptoPubblicato 2026-01-05Pubblicato ultima volta 2026-01-05

Introduzione

Solana recorded the second-highest spot trading volume in 2025, reaching $1.6 trillion, surpassing all major centralized exchanges except Binance. This represents a significant shift, as Solana's share of total spot activity grew from barely 1% three years ago to 12% by January 4th, 2025. The change reflects a gradual migration of liquidity toward faster and cheaper blockchain networks. This growth is supported by an increase in stablecoin supply on Solana, which has risen alongside its trading volumes. While Ethereum still holds the largest stablecoin share and Tron remains a major hub, Solana is quickly closing the gap. Stablecoins serve as essential fuel for spot trading, creating a reinforcing cycle where liquidity attracts volume and volume sustains liquidity. Additionally, SOL's price has shown strong momentum, breaking above $130 after a period of consolidation. Technical indicators, including an RSI around 58, a move above the 20-day moving average, and a positive MACD, suggest continued upward potential. Overall, Solana’s performance highlights the growing role of high-performance blockchains as serious competitors to centralized exchanges, contributing to a more fragmented and decentralized market structure.

Solana [SOL] recorded the second-highest Spot Volume in 2025, behind only Binance [BNB]! As it surges ahead, liquidity and stablecoin supply are moving toward high-functioning blockchains. Here’s the rundown.

Is crypto trading going through a change?

In 2025, Solana’s on-chain Spot Volumes reached $1.6 trillion, overtaking every centralized exchange except Binance. Just three years ago, Solana accounted for barely 1% of total Spot activity. On the 4th of January, that figure was at 12%, according to Jupiter data.

Source: X

The change has been gradual, with liquidity moving toward faster, cheaper networks.

One does wonder… if Solana [SOL] surpasses platforms like Coinbase, Bybit, and Bitget, where does real market activity live? Even Binance’s dominance has narrowed, so there’s a more fragmented market structure.

Liquidity follows speed

While Ethereum [ETH] still holds the largest share of Stablecoin Supply, there’s been a clear redistribution since early 2024. Solana’s Stablecoin Supply, once negligible, has climbed alongside its rise in on-chain trading volumes.

Tron [TRX] is also a major hub for stablecoins, but newer networks are beginning to close the gap.

Source: Artemis

Stablecoins are the fuel for Spot trading. As more of that capital settles on chains like Solana, there’s a loop of sorts (liquidity attracts volume, and volume keeps liquidity steady).

Price is moving too

After weeks of consolidation, SOL has pushed back above the $130 level. The move has helped regain the ground lost during the end-of-year pullback. With steady movement, many long-term plays are probably afoot.

Source: TradingView

The RSI was around 58, with what looks like room for continuation.

Price had also pushed above the 20-day MA and is pressing toward the mid-range of the Bollinger Bands. MACD has flipped positive, too. Put together, all this is a show of strong upside momentum, with a setup that favors follow-through.

Final Thoughts

Solana hits $1.6 trillion on-chain spot volume in 2025!
High-performance blockchains like Solana are emerging as serious contenders to CEXs.

Crypto di tendenza

CitreaCTR

wrapped stUSDTWSTUSDT

Velodrome FinanceVELODROME

BrevisBREV

PancakeSwapCAKE

Domande pertinenti

QWhat was Solana's spot trading volume in 2025 and how does it rank compared to centralized exchanges?

ASolana recorded $1.6 trillion in on-chain spot volume in 2025, ranking second highest overall and surpassing all centralized exchanges except Binance.

QWhat percentage of total spot activity did Solana account for on January 4th according to Jupiter data?

ASolana accounted for 12% of total spot activity on January 4th, according to Jupiter data.

QWhat two key factors are driving liquidity movement according to the article?

ALiquidity is moving toward faster and cheaper blockchain networks, with high-performance chains like Solana attracting more trading activity and stablecoin supply.

QWhat technical indicators suggest strong upside momentum for SOL's price?

AThe RSI at around 58, price above the 20-day moving average, movement toward the mid-range of Bollinger Bands, and a positive MACD flip all indicate strong upside momentum for SOL.

QHow has Solana's stablecoin supply changed since early 2024?

ASolana's stablecoin supply, which was once negligible, has climbed significantly since early 2024 alongside its rise in on-chain trading volumes.

Letture associate

BPI: Digital Gold Least Popular Bitcoin Narrative, as Implementation Methods Defy Concepts

A national study by the Bitcoin Policy Institute (BPI) reveals that the "digital gold" narrative for Bitcoin holds little appeal for everyday Americans. The research, conducted with Cygnal and Neighborhood Bitcoin, involved surveys and focus groups with registered voters. Key barriers to adoption included concerns over control of the asset, security, accessibility, and ease of use. Messaging focused on personal control (e.g., "you decide how much") or Bitcoin as "freedom money" (savings that can't be frozen by banks or governments) resonated much more strongly than the "digital gold" concept. The study also found potential buyers are more influenced by stories from peers like friends, family, or financial advisors than by abstract narratives. After exposure to effective messages, the share of those "extremely" or "very" interested in owning Bitcoin rose from 19% to 24%. A separate Federal Reserve Bank of Cleveland research paper analyzed household data from 2018-2025. It found that expectations of Bitcoin's returns were a stronger driver of ownership than all demographic factors combined. For example, in 2021, Bitcoin holders expected a 22% annual return versus just 7% for non-holders. An experiment in 2025 showed that informing participants about Bitcoin's past performance (14.3% return) increased their planned crypto investments by 47% and raised their likelihood of purchasing by 23%. U.S. household crypto ownership grew from under 2% in 2018 to about 12% in 2025.

cryptonews.ru7 min fa

BPI: Digital Gold Least Popular Bitcoin Narrative, as Implementation Methods Defy Concepts

cryptonews.ru7 min fa

Grayscale Launches First US Zcash ETF. Why Now

Grayscale has launched the first U.S.-based spot ETF for the cryptocurrency Zcash, which began trading on NYSE Arca under the ticker ZCSH on August 25. This ETF was converted from the Grayscale Zcash Trust, established in October 2017. Grayscale's Head of Indices, Steve Van Urni, stated the move responds to growing investor demand to access digital assets beyond Bitcoin and Ethereum through existing brokerage accounts. Zcash (ZEC) is a privacy-focused cryptocurrency launched in 2016, allowing users to choose between transparent and shielded transactions using zk-SNARKs technology. It has been a top performer in 2025 and this spring, currently ranking 11th by market cap at around $14 billion. Van Urni highlighted Zcash's nearly decade-long history, its Bitcoin-like principles including a 21 million coin limit, and its optional privacy features as key differentiators. Despite a critical vulnerability discovered in June, developers resolved the issue with the Ironwood network upgrade in July. Grayscale plans to monitor the adoption of Ironwood and regulatory developments concerning privacy assets like Zcash. The price of ZEC was around $820 on August 25, having surged 64% over the previous week and over 1800% in the past year. The ETF is primarily targeted at self-directed and advised investors seeking exposure to ZEC.

cryptonews.ru8 min fa

Grayscale Launches First US Zcash ETF. Why Now

cryptonews.ru8 min fa

NEAR Aims to Achieve Post-Quantum Consensus by the End of 2027

NEAR aims to achieve post-quantum consensus by the end of 2027. The team began redesigning its security model in Q2 2026 to prepare for a future where quantum computers could break today's cryptographic signatures. The initial step integrated the ML-DSA (Dilithium) algorithm, allowing users to secure assets with quantum-resistant keys. This protection extends to assets on other blockchains via Chain Signatures and NEAR intents, with the Meteor wallet already supporting it. While ML-DSA is currently used, it's considered bulky and expensive. NEAR is also evaluating more compact algorithms like FN-DSA (Falcon), but they are not yet mature for production. The next major challenge is upgrading the validator consensus mechanism, which still relies on classical cryptography. This is considered one of the protocol's largest updates since mainnet launch. For cross-chain interoperability, transitioning to post-quantum signatures risks fragmentation, as most blockchains currently use ECDSA/EdDSA. NEAR's plan is to evolve its Chain Signatures, Intents, and OmniBridge systems through 2026-2027 to maintain connectivity. A key hurdle is enabling the network's MPC (Multi-Party Computation) system to generate signatures for other blockchains that adopt different post-quantum standards. The team emphasizes industry-wide coordination is essential for a secure transition.

cryptonews.ru9 min fa

The Most Difficult Thing Here Is to Buy. What Bitcoin Needs for Growth

The article discusses the recent 25% surge in Bitcoin's price from mid-August, pushing it back to around $80,000. However, analysts from Galaxy Research suggest that for this to confirm a definitive trend reversal from a bear market, Bitcoin needs to sustainably break above a key technical level: the 50-week simple moving average (SMA), located slightly above $81,000. Historically, this level has acted as significant resistance, often taking weeks to overcome decisively. Experts note that the 50-week SMA is a widely followed indicator, making it a self-fulfilling prophecy for support and resistance. While the current upward move is seen as a strong breakout, the path forward may not be straightforward. Analysts point to historical patterns where Bitcoin traded near this average for weeks or even months after an initial break. The macroeconomic backdrop is mixed, with the US Federal Reserve yet to cut interest rates and the US Treasury's plans to increase debt buybacks adding to market uncertainty. High long-term bond yields are also putting pressure on riskier assets like cryptocurrencies. Some experts caution that the recent sharp rally was partly driven by technical factors like high trader leverage, and sustained growth will likely depend on continued institutional demand through Bitcoin ETFs. The consensus is that while a cycle bottom may be in, navigating the volatility and potential resistance on the way to higher prices, such as $100,000, remains challenging.

cryptonews.ru10 min fa

The Most Difficult Thing Here Is to Buy. What Bitcoin Needs for Growth

cryptonews.ru10 min fa

Kim Kardashian's Sister's Account Hacked to Promote Memecoin

The Instagram account of Kylie Jenner, Kim Kardashian's sister, was hacked to promote a memecoin. The first post, appearing on August 24th, urged her 39 million followers to follow her on the memecoin launch platform Pump.fun. A second post minutes later included a ticker and a full Solana contract address, accompanied by a message encouraging followers to trade. Both posts were deleted within minutes. However, in that short time, the market capitalization of the promoted token, `kylie`, briefly surged to an all-time high of $1.21 million before crashing over 90% to below $120,000 following a major sell-off. Analysis by SolanaFloor revealed the token was launched on Pump.fun just moments before the fake posts. This incident is part of a broader pattern. Hackers have previously compromised accounts of rapper 50 Cent, actor Dean Norris, and investor Keith Gill (Roaring Kitty) for similar memecoin promotions. Blockchain researcher 'Specter' linked these hacks, along with the compromise of Pepe the Frog creator Matt Furie's and WinRAR's accounts, to a single group. This group's activities, including promoting tokens through hijacked accounts and laundering funds across blockchains, have generated over $14 million.

cryptonews.ru11 min fa

Kim Kardashian's Sister's Account Hacked to Promote Memecoin

cryptonews.ru11 min fa

Trading

Spot

Articoli Popolari

Come comprare T

Benvenuto in HTX.com! Abbiamo reso l'acquisto di Threshold Network Token (T) semplice e conveniente. Segui la nostra guida passo passo per intraprendere il tuo viaggio nel mondo delle criptovalute.Step 1: Crea il tuo Account HTXUsa la tua email o numero di telefono per registrarti il tuo account gratuito su HTX. Vivi un'esperienza facile e sblocca tutte le funzionalità,Crea il mio accountStep 2: Vai in Acquista crypto e seleziona il tuo metodo di pagamentoCarta di credito/debito: utilizza la tua Visa o Mastercard per acquistare immediatamente Threshold Network TokenT.Bilancio: Usa i fondi dal bilancio del tuo account HTX per fare trading senza problemi.Terze parti: abbiamo aggiunto metodi di pagamento molto utilizzati come Google Pay e Apple Pay per maggiore comodità.P2P: Fai trading direttamente con altri utenti HTX.Over-the-Counter (OTC): Offriamo servizi su misura e tassi di cambio competitivi per i trader.Step 3: Conserva Threshold Network Token (T)Dopo aver acquistato Threshold Network Token (T), conserva nel tuo account HTX. In alternativa, puoi inviare tramite trasferimento blockchain o scambiare per altre criptovalute.Step 4: Scambia Threshold Network Token (T)Scambia facilmente Threshold Network Token (T) nel mercato spot di HTX. Accedi al tuo account, seleziona la tua coppia di trading, esegui le tue operazioni e monitora in tempo reale. Offriamo un'esperienza user-friendly sia per chi ha appena iniziato che per i trader più esperti.

665 Totale visualizzazioniPubblicato il 2024.12.10Aggiornato il 2026.06.02

Discussioni

Benvenuto nella Community HTX. Qui puoi rimanere informato sugli ultimi sviluppi della piattaforma e accedere ad approfondimenti esperti sul mercato. Le opinioni degli utenti sul prezzo di T T sono presentate come di seguito.