Wintermute: 40% of the transaction volume on the Solana chain comes from Memecoins
The Wintermute report shows that the transaction volume on Solana has increased by 50%, reaching $51 billion, surpassing Ethereum's $46 billion.
At the same time, Memecoin's influence on Solana is also growing. 40% of Solana's transaction volume comes from Memecoins, with pumpdotfun accounting for 35% of the total DEX transaction volume on Solana.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Data: If ETH falls below $2,978, the cumulative long liquidation intensity on major CEXs will reach $1.44 billions.
Stable and Theo will jointly invest over 100 million USD in ULTRA
SEC Chairman: The "Crypto Market Structure Bill" is About to Pass