Artemis CEO Reports Solana Leads Blockchain Usage Metrics in 2025

Artemis CEO Reports Solana Leads Blockchain Usage Metrics in 2025

New data shows Solana’s spot market share soared to 11.92% with $1.6 trillion trading volume, reflecting a significant shift from centralized exchanges to on-chain platforms.

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Fact Check
The assessment is 'likely_true' with high confidence based on strong, corroborating evidence from high-authority sources. The cornerstone of this assessment is the Grayscale research report, a source with very high authority (0.95) and relevance (0.90). It explicitly discusses on-chain 'usage metrics' for Q4 2025 and directly names 'Artemis' as its data source. This provides powerful secondary confirmation that Artemis, the company mentioned in the claim, produces the specific type of data ('usage metrics') for the exact time frame ('2025') in question. While the Artemis source itself (a Medium post presenting data from its terminal) does not contain the specific quote from the CEO in its summary, its title, 'Top 12 Defining Charts and Data of 2025', strongly suggests it is a year-end report where such a finding would be highlighted. It is the primary source of the data Grayscale references.Furthermore, the Coinfomania article, although focused on 'revenue' rather than 'usage metrics,' provides circumstantial support by reporting that Solana led all major blockchains in a key performance indicator in 2025. This aligns with the general sentiment of Solana's market leadership during that period. Although there is no direct confirmation that the statement was made verbatim by the 'CEO of Artemis,' the most critical parts of the claim—that data from Artemis shows Solana leading in usage metrics for 2025—are substantially supported by high-quality evidence. The lack of any contradictory information across all provided sources further strengthens this conclusion.
Summary

Updated figures indicate Solana’s 2025 on-chain trading volume hit $1.6 trillion, accounting for 11.92% of the global spot market and surpassing Bybit, Coinbase, and Bitget. Binance led the market with $7.27 trillion (55.11%). Solana’s market share has expanded sharply from 1% in 2022 to nearly 12%, underscoring a migration trend from centralized exchanges toward on-chain trading. This complements earlier data from Nansen and Artemis showing Solana leading in active addresses, transaction counts, fee revenue, and application fees compared to major rivals.

Terms & Concepts
  • Monthly Active Users (MAU): A measure of unique users interacting with a blockchain or application within a month.
  • Application Fees: Charges paid by users for executing transactions or operations on blockchain-based applications.
  • Trading Volume: The total value of assets exchanged over a specific period on a blockchain or platform.