Solana DEXs Take 70% of On-Chain ZEC Volume, Overtaking KuCoin
Crypto News reported that Solana overtook KuCoin as the fourth-largest ZEC spot venue, with Solana DEXs taking 70% of on-chain ZEC volume and ZEC supply on Solana passing 100,000.
Why it matters
If the reported share holds, order flow for a privacy coin is concentrating on a chain-based venue rather than a centralised exchange, which changes where traders execute and settle ZEC. ZEC supply on Solana passing 100,000 is a custody and liquidity signal for anyone watching privacy-coin exposure on non-Bitcoin networks. The claim rests on a single aggregator report, so the figures should be treated as unverified.
Key facts
Solana overtook KuCoin to become the fourth-largest venue for ZEC spot trading.
Reported by Crypto News (CryptoNews.net)
Solana DEXs now account for 70% of all on-chain ZEC volume.
70 %Reported by Crypto News (CryptoNews.net)
ZEC supply on Solana reached an all-time high above 100,000.
100,000 ZECReported by Crypto News (CryptoNews.net)
Binance and Coinbase remain ahead of Solana in ZEC trading volume.
Reported by Crypto News (CryptoNews.net)
What happened
Crypto News reported that Solana has passed KuCoin to become the fourth-largest venue for ZEC spot trading. The outlet attributed the change to a rise in ZEC supply on Solana, which it said has reached an all-time high above 100,000. Crypto News put Solana DEXs at 70% of all on-chain ZEC volume, with Binance and Coinbase still ahead of Solana in ZEC trading. The report did not say where the underlying ZEC supply came from or which venues make up the remaining share, and it gave no timeframe for when the ranking changed. Nothing in the evidence confirms the figures from a second outlet, and no exchange or Solana project statement appears in the coverage.
How the story developed
- First report
First report by Crypto News (CryptoNews.net)
Solana Captures 70% of ZEC Spot Volume, Surpassing KuCoin
- Update
Crypto News reports Solana overtakes KuCoin for ZEC spot volume
The outlet said Solana became the fourth-largest ZEC spot venue, with Solana DEXs holding 70% of on-chain ZEC volume and ZEC supply on Solana above 100,000.
Affected entities
Original sources
| Publisher | Report | Role | Published |
|---|---|---|---|
| Crypto News (CryptoNews.net) Aggregator | Solana Captures 70% of ZEC Spot Volume, Surpassing KuCoin | Original |
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