CoinGecko Report: Solana Dominates Blockchain Mindshare With Over a Quarter of Market Share

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4 Min Read

  • Solana stays the most-followed blockchain in 2025, holding 26.79% of world narrative mindshare, down from 38.79% as its comeback story loses urgency.
  • After the Base app rebrand and USDC partnership, Base will maintain 13.94% of mindshare, whereas Ethereum will develop to 13.43%, strengthening its core funds position.
  • Sui, BNB Chain, XRP Ledger, Bittensor, and Hyperliquid will all rise in 2025, however the prime 20 blockchains nonetheless account for 95.60% of narrative curiosity.

Solana has established itself as the middle of the blockchain dialog in 2025. It accounts for 26.79% of the worldwide narrative thoughts share, at the same time as investor consideration is steadily fragmenting throughout an ecosystem of rivals.. The most recent knowledge collected from non-bot web site site visitors from January 1, 2024 to December 14, 2025 exhibits that the dialog round cryptocurrencies stays closely concentrated in a couple of well-known networks, however the clear dominance of a single chain masks an more and more aggressive panorama for consumer focus and developer mindshare.

Solana leads, challenger closes the hole

In response to the report, Solana remained the world’s most {followed} blockchain ecosystem in 2025, however its mindshare plummeted from 38.79% to 26.79% year-over-year.. Analysts say momentum in that narrative has cooled as worth actions stay inside a comparatively slim vary and meme-fueled exercise struggles to offer new catalysts, regardless of elevated participation by institutional buyers and the launch of a U.S.-based exchange-traded fund with ties to the ecosystem.

Base has quietly solidified itself as Solana’s closest competitor. After a slight decline from 16.81%, it gained 13.94% of narrative mindshare in 2025, whereas Ethereum {followed} carefully with a rise of two.7 share factors to 13.43%.. The rebranding of the Coinbase Pockets to the Base app and strengthening of the USDC funds partnership have helped Base achieve investor consideration, whereas Ethereum continues to function the core funds layer within the face of price-related cautions, closing the hole with the second-place ecosystem.

On the backside of the leaderboard, gamers are reshaping their expectations. Sui’s mindshare rose by 6.9 share factors to 11.77%, whereas BNB Chain rose to 9.05% because of elevated on-chain quantity and Binance Alpha initiatives.. XRP Ledger secured sixth place with a mindshare of 4.68%, AI-focused Bittensor moved into ninth place with 1.91%, and derivatives trade Hyperliquid jumped from 0.01% to 1.57%, displaying that AI themes and decentralized perpetuals have develop into influential parts of the broader blockchain story.

Regardless of rotation between particular person ecosystems, focus stays vital; High 20 blockchains accounting for 95.60% of story curiosity tracked throughout interval. Solana’s drop from the highest 5 crypto-related tales, changed by AI brokers and made-in-USA themes, highlights how shortly momentum can shift when new storylines emerge, and raises the query of whether or not 2026 will deliver new momentum to established chains, or additional fragmentation as new platforms and sectors compete for mindshare.

See also  On-Chain Showdown: Solana and Revolut Eye Ethereum’s Crown in 2026
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