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Wintermute: 40% of the transaction volume on the Solana chain comes from Memecoins

Wintermute: 40% of the transaction volume on the Solana chain comes from Memecoins

Bitget2024/10/15 08:38

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.

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