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

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

Bitget2024/10/15 12:47

Foresight News reports that Wintermute's data shows a 50% increase in on-chain transaction volume for Solana, reaching $51 billion and surpassing Ethereum's $46 billion.

At the same time, Memecoin's influence on Solana is growing. 40% of Solana's transaction volume comes from Memecoins, with pumpdotfun accounting for 35% of the total trading volume on Solana DEX.

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