Solana Reclaims Top DEX Volume Spot From Robinhood Chain
Solana (SOL)
Editor:
Eugene Serbin
cryptobriefing.com reports that Solana has regained the lead in daily decentralized exchange volume, posting $3.25 billion against Robinhood Chain’s $2.72 billion. This reversal ends a trend that began when the newer network launched its mainnet on July 1, 2026. The $530 million gap highlights Solana’s resilience despite Robinhood Chain’s rapid ascent fueled by meme coin mania and real-world asset tokenization.
Solana’s ecosystem, anchored by protocols like Jupiter, Raydium, and Orca, benefits from years of accumulated liquidity and developer tooling. While Robinhood Chain has seen cumulative volumes exceed tens of billions, Solana’s weekly and monthly aggregates remained competitive during the brief period it trailed. The newer chain’s lead was driven more by speculative bursts than organic depth, even though it operates as an Ethereum Layer-2 using Arbitrum technology.
A significant portion of Robinhood Chain’s activity has mirrored Solana’s own trajectory, which saw volumes explode on the back of tokens like BONK and WIF. Despite this, Robinhood Chain has clearly found product-market fit, generating $2.72 billion in daily volume less than three months after launch.
How the market reacted
Whalio's own Binance spot order flow for SOL, measured when this story was written up on 12 September 2026. Not the outlet's figures.
Whalio’s spot data for Solana shows a mixed but stabilizing flow, with a 1-hour buy ratio of 49.2% compared to a 4-hour ratio of 54.7%. The 24-hour buy ratio sits at 50.6%, indicating that buying pressure is holding steady rather than accelerating significantly. Volume delta data reveals a -$92,492 outflow in the last hour, contrasting with a +$2,179,235 inflow over the past four hours. This suggests that short-term selling has eased, allowing the broader 24-hour volume delta to remain positive at +$3,727,941. The cumulative volume delta (CVD) closed at +$2,397,411, confirming that net buying has dominated the day despite the recent hourly dip. With 12 of the last 24 hours showing net buying, the market is demonstrating consistent, albeit not explosive, accumulation.
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’s buy ratio averaged 49.3%, with the latest day showing a slight increase of 1.2 percentage points. Spot volume for the day reached $329,895,138, which is 1.51 times the weekly average, indicating an unusually high level of trading activity. However, the 8-day volume delta total was -$11,959,593, suggesting that despite the volume spike, net outflows have persisted over the longer term. Only 3 of the past 7 days recorded net buying, highlighting that this recent uptick is an anomaly rather than a sustained trend. The price change over the 8-day period was a modest +0.5%, reflecting the balance between the volume surge and the negative delta.