Solana liquidity shrinks over 28% since 2025 as MEXC leads market depth

Key Summary

Solana's liquidity has decreased by over 28% since 2025, according to a CoinGecko Research report. MEXC led the market depth for Solana's native token, with a median market depth of $20 million per side. Despite this, SOL's liquidity was more evenly distributed across exchanges compared to 2025. The report also found that MEXC led the market price depth for Dogecoin, with more than $443,000 available.