Solana (SOL) DEX Volume Craters as Meme Coin Hype Loses Steam

Last week’s excitement surrounding Solana-based meme coins has faded, as evidenced by a drop in trading activity on decentralized exchanges (DEXes). On-chain data has revealed that this fell to a 42-day low on Sunday. Over the past week, the leading Layer 1 (L1) blockchain has experienced a general decline in user activity. Solana Sees Drop in Network Demand Amid last week’s... source: https://beincrypto.com/solana-sol-dex-volume-craters/