Solana DEX Traders Abandon Meme Coins for Stablecoins

Solana DEX Traders Abandon Meme Coins for Stablecoins

Trading activity on Solana’s decentralized exchanges (DEXs) is undergoing a structural shift as meme coin speculation fades and stablecoin transactions gain momentum. Data from Blockworks shows that meme coins accounted for more than 60% of all Solana DEX activity in late 2024 and early 2025. That surge pushed Solana’s trading volumes to record highs, nearly doubling Ethereum’s during the same period. Meme Coins Now Account for Less Than 30% of …

Solana DEX Trading Trends Shift from Meme Coins to Stablecoins

The Solana DEX space is currently undergoing a major transformation, with the meme token trading volume plummeting. Once dominated by meme token frenzy, the trading trend is now shifting towards stablecoins. Solana DEX Sees MemeCoin Trend Waning According to recent data from Blockwork Research, memetoken trading on Solana DEX has plummeted from over 60% at the end of 2024 to under 30% currently. Conversely, SOL-based stablecoin trading volume ha…