Huo Xing Finance reports that despite a 26.5% quarter-over-quarter decline in trading volume, Solana remains the top spot trading chain with a 30.6% quarterly market share. However, Ethereum surpassed Solana in March with a 27% share compared to Solana’s 26%. BSC ranks second with a 24.5% quarterly market share, narrowly ahead of Ethereum (23.7%), but its trading volume has declined more sharply and is expected to drop to third place in the second quarter. Additionally, Monad, which launched its mainnet in November 2025 during the early stages of the bear market, has seen steadily rising trading volume and is now the tenth most active spot trading chain, surpassing Unichain and Optimism.
Solana Leads Q1 2026 DEX Spot Trading with 30.6% Market Share
MarsBitShare
Summary
Solana led Q1 2026 DEX spot trading with a 30.6% market share, despite a 26.5% decline in trading volume. In March, Ethereum briefly took the lead with a 27% share, while Solana dropped to 26%. BSC remained in second place with 24.5%, ahead of Ethereum’s 23.7%. BSC’s trading activity declined more sharply, potentially causing it to fall to third place in Q2. Monad, launched in November 2025, now ranks in the top 10 for spot trading, outpacing Unichain and Optimism.
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