Binance Abandons Tron and Ethereum for Faster Solana Transfers
Binance's recent on-chain activity suggests that it has shifted its value transfer strategy to Solana, moving away from Tron and Ethereum.
This change was discovered through transaction tracking on Solana's public block explorer by a crypto commentator on October 1, 2026. The analyst observed that Binance-linked transfers were being sent to market makers and other exchanges via Solana, rather than the traditional routes of Tron and Ethereum.
Binance has not publicly commented on this move, nor has it disclosed which assets are involved or how much volume has migrated to Solana. However, the likely appeal of Solana lies in its speed and low transaction costs, with sub-second finality and fees under one cent.
The shift may also be seen as a vote of confidence in Solana's growing institutional adoption and maturing infrastructure.