Crypto
Meme Tokens Flood Solana DEXs with 42% Daily Volume
Meme tokens have made a comeback on Solana's decentralized exchanges (DEXs), accounting for approximately 42% of daily trading volume. This resurgence follows a sharp decline in 2025, with total 30-day DEX volume reaching $50.3 billion as of July 2026.
The Pump.fun platform, including PumpSwap, drives nearly half of Solana's daily DEX volume, with $492 million out of $1.178 billion total. The revival was sparked by a 299% weekly surge in the ANSEM token, reigniting trader interest.
Solana's low fees and fast transactions make it a hotspot for meme token speculation. This has contributed to its popularity among traders looking for high-risk, high-reward investments.