Solana dominated the DEX spot trading in Q1 2026, capturing a 30.6% market share.

BlockBeats News, April 28th, according to CoinGecko data, despite a 26.5% decrease in trading volume, Solana still held the top spot in spot trading with a 30.6% quarterly market share. However, Ethereum surpassed Solana in March with a 27% share (compared to Solana's 26%). BSC held the second position with a slight lead over Ethereum with a 24.5% quarterly market share (compared to Ethereum's 23.7%), but its trading volume decline was more significant, and it is expected to fall to third place in the second quarter.

In addition, Monad, which launched its mainnet in November 2025 during the early stages of the bear market, has seen a gradual increase in trading volume. It has now risen to become the tenth most active chain in spot trading, surpassing Unichain and Optimism.