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HomeCrypto NewsSolana Memecoins Jump as SOL Reverses Monday's Rout on ETF Hopes

Solana Memecoins Jump as SOL Reverses Monday’s Rout on ETF Hopes

Solana network volumes more than doubled to over $3.3 billion from Monday’s $1.5 billion, banking in fees of at least $750,000 per day, DefiLlama data shows. Fees generated by Pump, a popular platform used to issue new memecoins on Solana, increased to $535,000 in the past 24 hours compared to under $300,000 on Monday – indicative of higher risk-on activity among traders.

www.coindesk.com

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