Meme token trading on Solana's decentralized exchange (DEX) has significantly decreased, dropping from over 60% at the end of 2024 to under 30% currently, according to Blockwork Research. This decline comes as trading volume for SOL-stablecoin pairs has surged, reaching its highest level since December 2023. The shift indicates a changing preference among traders on the Solana network, favoring more stable trading options.
Meme Token Trading on Solana DEX Falls Below 30% as SOL-Stablecoin Volume Peaks
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