Solana-based DApps have seen a surge in activity amid the memecoin resurgence, generating record fees and revenues. 📌 SOL nears all-time high of $242, while Solana’s market cap climbs to $112 billion and trading fees reach $11.84 million
📌 Solana’s largest DEX, Raydium, leads the pack with around $15 million in daily fees, followed by Jito ($15.5 million) and Photon ($3.07 million)
📌 Memecoins like Peanut (PNUT) and Dogwifhat (WIF) saw big gains, with PNUT up 2,700% and WIF reaching $4.19 after listing on Coinbase
📌 Institutional investments in Solana DApps hit $173 million in Q3, highlighting strong interest in the ecosystem despite a slight decline in trading volume