Meme Coin Madness Fades on Solana
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Solana’s DEXs are moving past the meme coin craze. Once accounting for over 60% of trading volume, meme coins now make up less than 30% after scandals and rug pulls eroded retail confidence. The shift highlights how short-lived speculation can drive massive engagement, but sustainable growth requires stability. -
This is healthy for Solana—less meme coin noise, more real DeFi growth. Long-term stability > short-term hype.
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Crazy how meme coins went from 60%+ of Solana’s DEX volume to under 30%
Shows speculation fades but real utility stays.