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Wintermute: 40% of transactions on the Solana chain come from Memecoins

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2024-10-15 08:33:00
The Wintermute report shows that Solana's on-chain transaction volume increased by 50% to $51 billion, surpassing Ethereum's $46 billion. At the same time, Memecoin's influence on Solana is also increasing. 40% of Solana's transaction volume comes from Memecoins, of which pumpdotfun accounts for 35% of the total Solana DEX transaction volume.
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