Solana surpasses Coinbase and Kraken in daily and weekly spot volume while REV share trails its transaction share.
Solana has surpassed Coinbase and Kraken in daily and weekly spot trading volume, according to the supplied market update.
The network now trails only Binance and Bybit among the trading venues named in the comparison.
This comes as on-chain activity remains high, with Solana processing a large share of blockchain transactions.
Recent chart data shows network usage recovering after a pullback from earlier 2026 levels.
However, Solana’s fee value share remains weaker than its transaction share. This creates a mixed market picture for traders tracking Solana trading volume and network health.
The latest data places Solana in closer competition with top centralized exchanges. At the same time, the REV chart shows that fee demand still needs a stronger recovery.
Solana Spot Volume Moves Ahead
Solana moved above Coinbase and Kraken in both daily and weekly spot volume.
The update places Solana behind Binance and Bybit among the compared trading venues. This adds attention to Solana’s role in crypto trading activity.
🚨JUST IN: @Solana has surpassed @Coinbase and @krakenfx in both daily and weekly spot volume, continuing to compete with tier one centralized exchanges while trailing only Binance and Bybit. pic.twitter.com/7f3PpwaCi6
— SolanaFloor (@SolanaFloor) June 19, 2026
Spot volume is watched because it reflects direct buying and selling activity. It does not include futures or other leveraged products.
Therefore, it offers a clearer view of current market demand.
The move also shows how on-chain trading venues continue to challenge centralized exchanges.
Coinbase and Kraken remain large crypto platforms. Still, Solana’s latest volume reading shows stronger activity during the reported period.
Network Transactions Remain Strong
Solana transaction chart shows a broad rise in weekly activity since late 2024.
The network moved from about 400 million weekly transactions to much higher levels. This growth continued through 2025 and early 2026.
The strongest period appeared in early 2026, when weekly transactions neared one billion.
After that peak, activity cooled but stayed above earlier ranges. More recently, the chart shows a recovery in Solana transaction shares.
The main support area appears near 650 million to 700 million weekly transactions.
Holding that range would keep the usage trend stable. A move above 850 million would show stronger network activity again.
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REV Share Shows Fee Gap
The REV chart gives a different view of Solana’s market position. REV means real economic value from fees paid to land transactions.
This measure shows how much fee value a network captures. Solana’s REV share previously climbed above 50% during stronger fee periods.
Recently, it has moved closer to the 15% to 20% range. That gap shows high usage has not matched fee capture.
A recovery toward 25% to 30% REV share would be closely watched. A move into the 35% to 40% range would show a stronger fee rebound.
However, a fall below 15% would show weaker fee demand. For now, Solana shows strength in spot volume and transaction activity.
However, its REV share remains the weaker part of the chart. Traders will watch whether volume growth can support better fee value.
