Solana Memecoins Surge as SOL Reverses Monday’s Drop on ETF Hopes

Bobby Cirus

Solana Memecoins Surge as SOL Reverses Monday’s Drop on ETF Hopes

Solana’s network volumes more than doubled from $1.5 billion on Monday to $3.3 billion, with costs of at least $750,000 per day, DefiLlama details shows. Fees generated by Pump, a popular platform used to issue new memecoins on Solana, rose to $535,000 in the past 24 hours compared to less than $300,000 on Monday — indicating higher risk-taking activity among traders.

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