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Memecoins Reclaim 29% of Solana’s Spot DEX Volume, Highest Share Since August 2025
Jul 29, 2026
< 1 min read
by Anush Jafer
for CryptoPolitan
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AI Overview
During the week of July 20-26 memecoin trading on Solana spot DEXs surged to 29% of network spot DEX volume, the highest share since August last year and up from roughly 10% a few weeks prior. The jump signals renewed crypto and DeFi activity and increased DEX trading and fee revenue on Solana, but also concentrates risk in speculative token performance and memecoin-driven market dynamics.
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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%...
