Wintermute: Solana's transaction volume surpasses Ethereum, with 40% of the volume coming from Memecoins
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.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Bitwise submits amended filing for its Hyperliquid ETF, possibly launching soon
Crypto fund C1 Fund announces acquisition of Consensys equity
Bitdeer mined 526 bitcoins in November, a year-on-year increase of 251%
Trending news
MoreCrypto prices
More
