Solana-based decentralized exchanges reportedly handled more trading volume than giants like Binance and Bybit for stretches of late 2025, shifting more crypto price discovery directly onto the blockchain. While SOL has traded in a wide range this year, on-chain activity and volumes on Solana DEXes, such as Jupiter, Orca, and Raydium, continue to hit new records. This happens as traders look for faster, cheaper venues, and institutions route more activity into crypto ETFs and tokenized assets. What Does ...