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Solana leads all blockchains with $197B spot DEX volume in Q3 2026, up 16.6% from Q2.

Protocol Fundamentals
02 Oct 2026
Crypto Briefing
View Source
Bullish
Solana leads all blockchains with $197B spot DEX volume in Q3 2026, up 16.6% from Q2.

In Q3 2026, Solana's decentralized exchanges achieved a record $197 billion in spot trading volume, marking a 16.6% increase from the previous quarter and leading all blockchain networks for the fifth consecutive quarter. This growth was driven mainly by high-frequency memecoin trading, stablecoin swaps, and expanding tokenized assets, with key DEX platforms like PumpSwap, Orca, and Raydium facilitating most trades. Despite a decline in centralized exchange SOL volumes, onchain activity and wallet counts rose, signaling a shift toward decentralized trading venues. However, the heavy reliance on speculative memecoin activity and discrepancies in reported volumes from different trackers suggest caution in interpreting these figures.

Solana's leading spot DEX volume in Q3 2026 provides context for cryptocurrency market activity. For readers following major cryptocurrencies on Pluang, here is the market snapshot as of Oct 02, 2026 20:45 WIB: out of 50 major cryptocurrencies, 40 rose and 8 fell today. Notable movers include BAT (Basic Attention Token) at Rp1.782 with a 1-day change of +12.55% and Pluang order activity of 14% Sell / 86% Buy, AAVE (Aave) at Rp3.279.206 with a 1-day change of +11.46% and Pluang order activity of 40% Sell / 60% Buy, and BAL (Balancer) at Rp16.297 with a 1-day change of +11.14%.

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