1inch storms Solana—processing 5x Ethereum’s TXs with matching volume

Solana’s speed meets DeFi’s liquidity giant as 1inch expands its empire. The chain now handles five times Ethereum’s transaction throughput—yet somehow manages identical swap volumes. Efficiency play or just spinning wheels? Wall Street’s HFT quants would blush at this ’scalability.’

1inch success and competition

1inch’s decision to expand onto Solana follows a series of milestones for the platform, which remains one of the largest multichain decentralized exchange aggregators, routing trades across more than 300 liquidity sources spanning 15 layer-1 and layer-2 networks.

The platform has also faced competition from rivals such as CoW Swap, which captured 26% of aggregator market share in January compared to 1inch’s 30%, signaling a more competitive aggregator landscape.

The integration further extends 1inch’s portfolio, which includes a self-custodial wallet, a crypto debit card offering up to 2% cashback, and a hardware wallet expected to ship later this year.

The hope is that as Solana’s DeFi ecosystem grows and 1inch’s multichain roadmap progresses, the move strengthens 1inch’s positioning in a market where efficiency, security, and deep liquidity are critical factors for platform adoption.

1inch co-founder Sergej Kunz emphasized the broader vision, stating that uniting disparate blockchains was the founding mission behind 1inch.

“We started 1inch to unite disparate chains and solve one of DeFi’s biggest barriers to adoption. Our integration with Solana moves us closer to that goal.”

He added that while others may offer partial solutions, 1inch seeks to launch optimized, secure, high-volume products that advance DeFi’s accessibility and efficiency.