Solana just quietly climbed into the top four platforms for Zcash spot trading volume, processing roughly $64 million in ZEC trades over a 24-hour period. That puts a decentralized ecosystem in the same conversation as Binance, Coinbase, and Kraken, three of the largest centralized exchanges on the planet. The figure represents a 220% jump from prior metrics and gives Solana about a 5.35% share of global ZEC spot trading. How Solana stacks up The leaderboard for ZEC spot volume tells an interesting story. Binance sits at the top with $481.6 million. Coinbase follows at $281.8 million, then Kraken at $124.2 million. Solana’s $64 million sits in fourth place. That bridged ZEC on Solana carries a reported tokenized value of $112.8 million. Cross-chain infrastructure like OmniBridge has been the plumbing behind this growth, funneling Zcash liquidity into Solana’s DEX ecosystem. Platforms like Raydium and Orca have absorbed most of this trading activity, with cumulative DEX volumes for ZEC-related assets reportedly exceeding hundreds of millions over recent periods. One ZEC variant on Solana showed a 36.83% change over 24 hours. The privacy token tailwind This surge didn’t happen in a v...
Solana spot volume for ZEC hits $64M, ranks fourth among centralized exchanges
1 month ago
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