🐧🐸 The Solana memecoins are resurging as trading volumes increase
The SOL memecoins are gaining momentum, with daily trading volumes reaching 100 million dollars and the number of users increasing to record levels.
🤯 Platforms like Axiom and Pumpswap are seeing increases in trading volume, with memecoins dominating the Solana DEX market.
The rise in network activity has also helped Solana recover from a 12-month low, regaining more than 20% in a week. After months of decline, the Solana memecoins are regaining bullish momentum.
📈 Daily trading volumes are dramatically increasing, and most leading tokens are showing notable price gains.
In other words, the growth of Solana memecoins is not isolated to any of these platforms. These statistics have a long way to go before recovering their all-time high from January, but these signs of growth are still very promising.
☝️ Additionally, individual Solana memecoins are making significant strides in price performance. In the last week, eight of the ten largest assets in this category recorded double-digit gains.
