Solana continues to lead meme token trading, locking in nearly $1 billion in value
2026-10-12 19:10:25
CoinMeta data: Solana continues to maintain a leading position in meme token transactions. Currently, on its main decentralized exchange ( DEX ), Solana accounts for over 91% of the meme token transactions processed. The trading activity on this network remains active, indicating that meme token transactions are one of its main use cases. The trading applications of Solana currently lock in nearly $1 billion in value, with daily revenues reaching up to $1.5 million. Although meme token activity declined in August, its share in the market still dominates. According to TokenTerminal data, the application revenue of Solana on Q3 exceeds $362 million, an increase from $253 million in Q2, highlighting its importance in decentralized transactions.
Source:Cryptopolitan
This content is for market information only and does not constitute investment advice.
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