Binance Shifts Value Transfers to Solana, Moving Away From Tron and Ethereum

Binance appears to have shifted its internal value transfers—specifically those to market makers and other exchanges—from Tron and Ethereum to the Solana network. On-chain activity observed on October 1, 2026, revealed this transition, though the exchange has not issued an official statement regarding the change or the volume of assets involved. Previously, Tron was favored for low-cost stablecoin transfers, while Ethereum was utilized for higher-value transactions. Solana's adoption is likely driven by its low transaction costs and high processing speed.