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Solana's share of cross-chain trading terminal volume hits 81%, highest in 17 weeks.

Market News
28 Oct 2026, 17:53 WIB
Crypto Briefing
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Bullish
Solana's share of cross-chain trading terminal volume hits 81%, highest in 17 weeks.

Solana's share of trading volume on cross-chain trading terminals reached 81% last week, marking its highest level in 17 weeks. This data reflects activity from decentralized exchanges and automated trading bots, mainly driven by high-frequency traders and memecoin enthusiasts. The surge signals strong transaction demand on Solana's network, though such volume can fluctuate, as seen in September when Robinhood Chain briefly overtook Solana. Ongoing monitoring will show if Solana can maintain this dominance or if other chains will challenge its position again.

Solana trades at Rp1.839.141 on Pluang as of Oct 28, 2026 22:03 WIB, up 1.11% in the last day. The market cap stands at Rp1.077,82 trillion with a 24-hour volume of Rp36,5 trillion. Despite strong trading volume dominance, Pluang data shows 66% of orders are sell-side, with typical holding time around 72 days.

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