Solana ranks second in DEX spot volume for 14th week, trailing only Binance

Solana has maintained its competitive position as the second-ranked blockchain network in weekly decentralized exchange (DEX) spot volume, trailing only Binance. This marks the 14th consecutive week that Solana has outperformed major centralized exchanges (CEXs) such as Bybit, Coinbase , and Kraken, as reported by @SolanaFloor. The reported weekly DEX spot volume on Solana was $12.63 billion for the week ending October 23, 2026, although this reflects a decline from $13.61 billion the previous week. This sustained high on-chain activity suggests a robust preference for Solana’s decentralized environment over traditional CEXs.