Meteora has emerged as the top decentralized exchange (DEX) on the Solana blockchain, recording a trading volume of $1.183 billion in the past 24 hours. This achievement surpasses Raydium, the previous leader in Solana DEX trading volume. The surge in activity is largely driven by the influence of Kanye's YZY token. In addition to its trading volume milestone, Meteora also generated $16.09 million in fees during the same period, placing it second only to Tether in fee earnings. This highlights Meteora's growing prominence in the Solana ecosystem.