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Solana DEX trading trend shifts from Meme to stablecoin

Source: CoinWorld
Solana DEX trading is shifting from meme coins to stablecoins, with meme coins trading volumes falling from over 60% at the end of 2024 to below 30%. Solana-based stablecoin transaction volume has soared to its highest level since December 2023. Daily trading volume dropped from 4.8 million to 900,000. The total market value of the Solana-based meme coins fell 8.2% to $11.84 billion, while tokens such as PENGU, BONK, TRUMP, WIF and FARTCOIN fell 5.5% to 13.4% in 24 hours. Experts believe that meme coin scams and speculative collapses are key factors.
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