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Solana Dominates Q1, But Cracks Appear as Ethereum Gains Ground

What happened

Solana remained the top chain for decentralized exchange spot trading in Q1 2026, with a 30.6% market share, according to CoinGecko’s latest findings. Its trading volume fell by 26.5% during the same period. This momentum shifted in March, when Ethereum briefly overtook Solana.

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