Solana’s DEX Dominance Surges as Memecoin Frenzy Drives Unprecedented Growth
Solana has taken the DEX market by storm, nearly commandeering half of the sector's total volume. This rocket rise has been largely fueled by the tremendous success of Pump.fun, one of the most recent memecoin launchpads. The trading volume of Pump.fun has recently surpassed that of Ethereum, making it one of the most influential forces in the decentralized trading space today. According to data from OKX, Pump.fun is now reshaping the volume landscape of decentralized trading and influencing the development of trading apparatuses built atop the Solana blockchain. https://twitter.com/Cointelegraph/status/1884832664324333699?t=3wWvaHFmCmnnAgsoP15Nnw&s=19 Pump.fun’s Unstoppable Momentum and Its Most Prolific Creator Pump.fun has seen a growth that can only be described as meteoric. This platform has enabled what seems like an unending flurry of new tokens, with one wallet in particular being the most notable. The owner of this wallet has been on a […]