Solana memecoin trading volume jumps 32.8% as top venues hit $272 million
- —Total memecoin volume across the three chains hit $272 million, up 20.2% day over day
- —Solana: $160 million, up 32.8%, for a 58.7% share
- —Robinhood Chain: $76.25 million (28%); BNB Chain: $25.07 million (9.2%)
- —Top projects by volume were Kimchi, UHI and PONS
Why it matters: Surging memecoin activity on Solana supports network fees, but the extreme volatility of these tokens poses risks for retail traders.
Source: TokenPost