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Solana Dominates DEX Spot Trading in Q1 2026 with 30.6% Market Share

GateNews
solana newsMarket AnalysisRankings & Leaderboards
SOL-1.46%
ETH-0.12%
MON-3.89%

Gate News message, April 28 — Solana maintained its leading position in DEX spot trading during Q1 2026 with a 30.6% market share, despite a 26.5% quarter-over-quarter decline in trading volume.

Ethereum surpassed Solana in March with a 27% share compared to Solana’s 26% that month. BSC held the second position with a 24.5% quarterly market share, marginally ahead of Ethereum’s 23.7%, though BSC experienced a steeper trading volume decline and is expected to drop to third place in Q2. Meanwhile, Monad, which launched its mainnet in November 2025 during the bear market, has steadily climbed to become the tenth most active chain for spot trading, surpassing both Unichain and Optimism.

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