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Solana DEX volumes top major centralized exchanges for 9 weeks, signaling rising adoption despite modest price outlook.

Protocol Fundamentals
25 Aug 2026
Crypto Briefing
View Source
Bullish
pluang ai news

For the ninth consecutive week, Solana's decentralized exchanges (DEXs) have recorded spot trading volumes exceeding those of major centralized exchanges like Bybit, Coinbase, and Kraken, ranking second only to Binance. This sustained high volume highlights Solana's growing role in the crypto market and suggests increasing user adoption and ecosystem activity. Despite this, Solana's price remains between $95 and $101, with low odds (around 1%) of reaching $160 by August, reflecting cautious market sentiment. However, recent inflows into Solana-based ETFs and ecosystem upgrades, such as leveraged market integration in its mobile wallet, indicate potential for broader institutional interest and future growth.

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