Meme coins on the Solana blockchain brought the volumes of ecosystem decentralized exchanges to record levels.
Trading volumes on the Solana network jumped 117% over the past week, reaching $15.82 billion for the week, according to DefiLlama. Meanwhile, over the past 24 hours, the total decentralized exchange (DEX) volumes on Solana amounted to $2.57 billion, exceeding the performance of platforms on Ethereum with $2.31 billion in 24 hours. Solana now accounts for almost 29% of the total volume on the DEX.