The world’s leading crypto exchange appears to have changed how it moves money. On-chain activity indicates that Binance now uses Solana to transfer value to market makers and other exchanges. Until now, that job fell to Tron and Ethereum. What the blockchain shows The change surfaced through transaction tracking on Solana’s public block explorer. A crypto commentator highlighted the pattern publicly on October 1, 2026, after following Binance-linked transfers across the network. The flows in question are not retail deposits or withdrawals. They are transfers to market makers and to other exchanges, the plumbing that keeps liquidity moving between trading venues. Binance has not issued any official statement about the move. The exchange has not explained its reasoning, nor has it said which assets are involved or how much volume has migrated. Why Tron and Ethereum held the job before Each of the previous rails had a defined role. Tron had become the preferred option for cheap stablecoin movement, particularly USDT, thanks to its efficient processing. Ethereum handled a different slice of the business. It was typically the rail for larger, higher-value transfers, where the network’s...
Binance appears to move value transfers to Solana from Tron and Ethereum
1 week ago
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