Category: DeFi
This story matters because it changes the way the market should think about the current crypto narrative, not just because it adds one more event to the feed.
In the week running July 20 to July 26, memecoin activity on Solana’s spot DEXs reached levels not seen since August last year. Data from Blockworks shows that Memecoins made up 29% of the network’s Spot DEX volume, which is a notable jump from just a few weeks ago, when the numbers were between 10%…
The key is how this development fits into the broader picture — capital flows, policy momentum, platform trust, or ecosystem direction — rather than the isolated headline alone.
Bottom line: this is worth covering because it adds real signal, not because it merely exists.
Source: https://www.cryptopolitan.com/solana-memecoin-dex-volume-share/
Source type: Approved crypto-news source
Rewritten in our own words for readability.