Solana Overtakes KuCoin for ZEC Spot Volume Share
Solana (SOL)
Editor:
Eugene Serbin
According to coinfomania.com, Solana has surpassed KuCoin to become the fourth largest venue for ZEC spot trading. This shift occurred as ZEC supply on the Solana network recently exceeded 100,000. Solana decentralized exchanges now capture 70% of all on-chain ZEC volume.
The platform's ability to secure this share positions it alongside major exchanges like Binance and Coinbase. The report notes that ZEC supply has reached an all-time high during this period. Traders are increasingly directing their activity to Solana for spot trading opportunities.
This movement reflects growing interest in ZEC within the Solana community. The development suggests a strategic diversification in asset holdings by market participants. Solana's fast transaction speeds and low fees continue to attract trading volume. These changes indicate a potential shift in broader market trading patterns.
How the market reacted
Whalio's own Binance spot order flow for SOL, measured when this story was written up on 22 September 2026. Not the outlet's figures.
Solana is trading at $118.90 with a 24-hour buy ratio of 54.4%, indicating that buyers controlled the majority of volume over the full day. However, shorter timeframes show weaker momentum, with the 1-hour buy ratio at 43.5% and the 4-hour ratio at 46.9%. The volume delta reflects this shift, showing a net outflow of $1,208,097 in the last hour and $3,204,130 over four hours, compared to a net inflow of $46,397,882 over 24 hours. The volume delta measures the difference between buy and sell volume, so negative values mean more money flowed out than in. The 24-hour cumulative volume delta closed at -$1,131,378, confirming that buying pressure has faded significantly since the start of the period. Total spot volume reached $535,302,794 with 1,401,678 trades executed.
The latest daily buy ratio of 48.8% sits at the 27th percentile of the last 322 days, against a median of 50.0% - weaker buying than most days.
Was that an ordinary day?
The same Binance spot measurements for SOL, averaged over the days leading up to the story.
Over the preceding week, Solana saw a 7-day average buy ratio of 49.9%, making the latest day's 54.4% reading 4.5 points higher than the average. Volume was 1.92 times the average, indicating an unusual level of activity compared to normal days. The price increased by 16.0% over eight days, driven by a total volume delta of +$50,515,496. Net buying occurred on four of the seven days in that period. This recent activity contrasts with the immediate hourly outflows, showing a strong weekly trend that has cooled in the short term.