Solana showed strong performance when Monad was released. trading volume of $MON According to Sunrise DeFi contributor shaddwfax, Solana plans to move to a major centralized exchange. In fact, if Solana had been a centralized exchange at the time, it would have been the fifth largest exchange in the world. It would have only surpassed giants like Upbit, Coinbase, Bybit, and Bithumb.
“If Solana were a centralized exchange, $MONOn its opening day, it would have ranked as the fifth largest venue in the world. ”
– @shadddowfax, @Sunrise_DeFi pic.twitter.com/GGRMvZIcqj
— Solana (@solana) February 11, 2026
Solana delivers Exchange-level performance
Especially the starting base, $MON Solana’s transaction value was approximately $97 million. This act did not occur gradually. Instead, it exploded as traders flocked to establishments on the chain. Moreover, its volume has already surpassed that of Hyperliquid $MON Over 122% of trades took place in the first 24 hours. As a result, Solana became the place for price discovery during the launch period.
Solana was able to show scale as well as quantity. The network executed over $400 million in trades over a 48-hour period. $MON. At that time, customers made approximately 360,000 transactions. Notably, they were not artificial trade deals. They were real demand, real capital, and real users interacting with DeFi infrastructure at scale.
High throughput, real demand, real users
At first glance, comparisons to centralized exchanges may seem bold. But there are deeper structural implications. This was being done by Solana without lawyers, custodians, or market outages. Rather, it relied on a fully decentralized infrastructure. Therefore, this event showed that on-chain venues will begin to compete with centralized sites not only in terms of ideology, but also in terms of crude performance.
Finally, this post highlights our commitment to the larger ecosystem by acknowledging contributors like shadddowfax and Sunrise DeFi. Solana is establishing itself as the default launch platform for high-velocity tokens. As new chains and assets emerge, builders are increasingly looking for networks that can absorb sudden demand. Solana is currently proving that it can do that.
