Meme coin trading volume drops 15.3% to $226M as Solana holds 53.1% share
- —Total meme coin volume over 24 hours was about $226 million, down 15.3%
- —Solana contributed $120 million (53.1%), Robinhood $75.45 million (33.3%)
- —BNB Chain took 8.9% with $20.2 million; the three venues make up 95.3%
- —Arc posted the biggest gain, with volume up 44.7% day over day
Why it matters: The decline signals cooling speculative demand for meme coins, weighing on fees at Solana and launchpad venues.
Source: TokenPost