Solana's on-chain SOL-USD trading volume has surpassed Binance and Bybit spot trading volume for three consecutive months.

PANews reported on December 23 that crypto researcher Kaviish pointed out that since September 2025, the on-chain SOL-USD trading volume on Solana has exceeded the SOL spot trading volume of the two major centralized exchanges, Binance and Bybit, for three consecutive months. The latest chart shows that on-chain transactions now account for over 60%, reflecting Solana's growing position as a key liquidity layer in the crypto market.

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Author: PA一线

This content is for informational purposes only and does not constitute investment advice.

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