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Solana's DEX trading volume drops 24% in a week, network fees fall nearly 19%, signaling shrinking blockchain activity.

Protocol Fundamentals
28 Oct 2026, 15:34 WIB
CryptoTicker
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Bearish
Solana's DEX trading volume drops 24% in a week, network fees fall nearly 19%, signaling shrinking blockchain activity.

Solana's decentralized exchange (DEX) trading volume fell by 24.2% to $11.94 billion over the past week, with daily volume also declining 10.7%. Correspondingly, network fees dropped 18.8% to $4.2 million, reflecting reduced user activity and revenue. This decline is driven mainly by a drop in trading of small, newly launched tokens, which previously accounted for much of Solana's volume. Despite stable prices around $101, the shrinking revenue base suggests potential challenges ahead unless trading volume rebounds. The upcoming US Federal Reserve rate decision may trigger market movement in this thinly traded environment.

Solana (SOL) is trading at Rp1.844.095 on Pluang, showing a 1.08% gain in the last day despite the reported drop in DEX volume. The platform records a 24-hour trading volume of Rp35,87 trillion with a market cap of Rp1.091,05 trillion as of Oct 28, 2026, 19:51 WIB.

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