Wintermute: Solana's transaction volume surpasses Ethereum, with 40% of the volume coming from memecoins

ChainCatcher News, according to the Wintermute market report, Solana's on-chain transaction volume has increased by 50%, reaching $39 billion, surpassing Ethereum. The specific data is as follows:

Solana: $51 billion
Ethereum: $46 billion

At the same time, memecoin's influence on Solana is also increasing. 40% of Solana's trading volume comes from memecoins, among which pumpdotfun accounts for 35% of Solana DEX's total trading volume.

In addition, Solana now dominates token generation: its market share has risen from 60% in early September to 86%, and the weekly token generation volume has surged from 45,000 to 110,000.