Syndica Report - Insights: Layer 1 & 2 Chains - March 2026

Solana dominated blockchain activity in March 2026, leading DEX volume with $66B, ranking second in TVL, growing stablecoin supply by 67% since January 2025, and surpassing other tracked chains in median TPS. It outperformed the next nine chains combined across TPS metrics at median, P90, and P99 levels.