Ethereum overtook Solana in March, even as Solana maintained quarterly dominance amid increasing competition in the DEX ecosystem. Solana remained the top chain for decentralized exchange spot trading in Q1 2026, with a 30.6% market share, according to CoinGecko’s latest findings. Its trading volume fell by 26.5% during the same period. DEX Wars Intensify
Despite Solana’s record-breaking February, Ethereum still leads in cumulative stablecoin transaction volume at around $52 trillion. The Solana blockchain processed about $650 billion in stablecoin transactions in February 2026, setting a new monthly record, according to The Kobeissi Letter. That spike placed stablecoin activity far above traditional benchmarks, with monthly volumes now approaching $2
The Solana Foundation and its affiliates, such as Monke Foundry, distribute tens of millions in grants each year. This week, a public debate about support for builders on Solana spilled into full view, with Vibhu Norby, the Solana Foundation’s chief product officer, posting a detailed rebuttal, where they cited $650 million raised by alumni
Bitcoin dominated weekly activity while Ethereum snapped its streak. Digital asset investment products posted $230 million in net additions last week, in a slowdown relative to recent trends. Although concerns around the Iran conflict have affected sentiment, CoinShares stated that the reaction to the US Federal Reserve’s Wednesday meeting and its “hawkish pause” signal