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Home News Solana On-chain Activity Decline: Emerging Meme Interest Wanes, Pump Livestream Coin Market Cap Plummets

Solana On-chain Activity Decline: Emerging Meme Interest Wanes, Pump Livestream Coin Market Cap Plummets

BlockBeats News, September 25th, according to GMGN monitoring, possibly affected by the continuous decline in SOL over the past week, Solana’s on-chain activity has dropped significantly. In the top 10 of the hot list by 24-hour trading volume, it was almost dominated by meme coins of the same name as MetaMask and XPL, most of which have been listed for over 10 days, a stark contrast to the frequent changes in the on-chain rankings from last week. Meanwhile, Pump live, after experiencing a brief craze, has continued to decline, with the market value of Pump live coins falling below $2 million.

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