Meme coins on the Solana blockchain brought the volumes of ecosystem decentralized exchanges to record levels.

Trading volumes on the Solana network jumped 117% over the past week, reaching $15.82 billion for the week, according to DefiLlama. Meanwhile, over the past 24 hours, the total decentralized exchange (DEX) volumes on Solana amounted to $2.57 billion, exceeding the performance of platforms on Ethereum with $2.31 billion in 24 hours. Solana now accounts for almost 29% of the total volume on the DEX.

Over the past 24 hours, four meme coins have become top gainers – Floki (FLOKI), THORChain (RUNE), Pepe (PEPE), and dogwifhat (WIF). FLOKI was the day’s leader, rising 58%, according to CoinMarketCap. The rest of the coins rose in the range from 13% to 16%.

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Author: Anna Kharton

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