Just when many thought Pumpfun was losing steam, trading activity soared to a record high on Friday, accounting for 20% of Solana DEX volume and reinforcing its dominance.
Over the past 30 days:
• Non-Pumpfun memecoins led with 33% of DEX volume.
• $SOL - $USD pairs followed at 27%.
• Pumpfun memecoins surged to 25%.
• Other tokens made up 15%.
Raydium, which once handled 70% of Pumpfun trades, has lost ground to PumpSwap, now processing over 60% of them. However, Raydium still controls 90% of non-Pumpfun token trading.