Investment
Features
FeesSafety
Academy
More
Pluang+

Solana DEXs surpass NYSE in weekly trade count, but trade size and tax implications differ significantly.

Market News
23 Sep 2026
CryptoTicker
View Source
Neutral
Solana DEXs surpass NYSE in weekly trade count, but trade size and tax implications differ significantly.

In the week of September 14-20, 2026, Solana's decentralized exchanges (DEXs) recorded about 208 million spot trades, exceeding the New York Stock Exchange's (NYSE) 189-190 million trades. This marks the first time a blockchain-based exchange has overtaken a major securities exchange by trade count alone. However, Solana's trades are mostly small, with many involving memecoins and averaging around $83-$102 per trade, unlike the NYSE's larger equity trades. The continuous 24/7 operation of Solana DEXs also contributes to the high trade volume. For investors, this means more frequent taxable events, as each swap is a separate transaction under German tax law, requiring meticulous record-keeping. Unlike regulated exchanges, decentralized platforms lack consumer protections and reporting obligations, placing responsibility on users to manage tax compliance and security risks. The record highlights a shift in market structure but does not directly translate to equivalent capital movement or investor protection compared to traditional exchanges.

Solana DEX trades overtaking NYSE is the subject, with Pluang market data as context. As of Sep 24, 2026 06:41 WIB, out of 50 major cryptocurrencies priced on Pluang, 6 rose and 43 fell. Notable movers include BAL (Balancer) up 11.14% to Rp16.297, FIL (Filecoin) down 12.32% to Rp16.546, and DOT (Polkadot) down 10.81% to Rp19.595.

More News

NeoVolta Q4 revenue plunges but full-year sales jump 58% with new SK On battery deal

NeoVolta Q4 revenue plunges but full-year sales jump 58% with new SK On battery deal

NeoVolta reported a weak Q4 with revenue dropping to $13,460 and a loss of $0.24 per share, missing analyst expectations. Despite this, full-year revenue rose 58% to $13.3 million as the company expanded beyond residential markets. The Q4 loss widene...

Company Fundamentals
Bearish
3 hours ago
BlackBerry set to report Q3 earnings with strong QNX growth and cybersecurity gains.

BlackBerry set to report Q3 earnings with strong QNX growth and cybersecurity gains.

BlackBerry is expected to report Q3 earnings with an EPS of $0.04 and revenue around $143.55 million, in line with company guidance. The company has a strong track record of beating earnings estimates, driven by growth in its QNX automotive software ...

Company Fundamentals
Bullish
3 hours ago
Jaguar Health and Alkami lead sharp stock declines on September 23, with no clear causes for most drops.

Jaguar Health and Alkami lead sharp stock declines on September 23, with no clear causes for most drops.

On September 23, Jaguar Health's stock plunged about 74%, reversing a prior gain, without any confirmed negative news. Alkami Technology's shares fell 19% after ending a strategic review and deciding to remain independent. Other stocks like Cullinan ...

Market News
Bearish
3 hours ago
WHLR jumps 191%, ARTL rises on obesity drug patent news, FSLY and IPDN also surge

WHLR jumps 191%, ARTL rises on obesity drug patent news, FSLY and IPDN also surge

Wheeler REIT (WHLR) surged 190.91% after a 1-for-9 reverse stock split, though no new catalyst was confirmed. Artelo Biosciences (ARTL) rose 74% following a provisional patent application for its obesity drug candidate ART27.13, based on early mouse ...

Market News
Bullish
3 hours ago
Investor buys Netflix shares after 42% drop, betting bad news is priced in despite streaming sector doubts.

Investor buys Netflix shares after 42% drop, betting bad news is priced in despite streaming sector doubts.

After Netflix shares fell 42% over the past year, investor Steve Weiss, who exited in June, has bought back in, seeing the recent sell-off as an overreaction. Despite caution about the streaming sector's challenges, Weiss cites Netflix's strong subsc...

Market News
Neutral
4 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App