Wintermute: Solana's trading volume surpasses Ethereum, with 40% of the volume coming from memecoins

ChainCatcher message, according to the Wintermute market report, the trading volume on the Solana chain has increased by 50%, reaching $39 billion, surpassing Ethereum's trading volume. The specific data is as follows:

• Solana: $51 billion
• Ethereum: $46 billion

Meanwhile, the influence of memecoins on Solana is also increasing, with 40% of Solana's trading volume coming from memecoins, of which pumpdotfun accounts for 35% of the total trading volume on Solana DEX.

In addition, Solana now dominates token generation: its market share has risen from 60% at the beginning of September to 86%, with the weekly token generation increasing from 45,000 to 110,000.