🚀 Solana Surpasses Ethereum in Weekly Trading Volumes! 🚀
The crypto landscape is buzzing as Solana (SOL) outpaces Ethereum (ETH) in weekly on-chain trading volumes. Wintermute reports Solana's trading volume surged 50% to $51B, while Ethereum hit $46B.
Key drivers? Meme coins! They now make up 40% of Solana’s trading activity, with pump.fun leading the charge, accounting for 35% of Solana’s DEX volume. However, only 0.76% of pump.fun wallets have made $1,000+.
Token generation on Solana also soared, capturing 86% market share. Analysts hint this meme coin craze could spark broader industry growth.
💬 What do you think? Comment below!