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Memecoins Decline, Yet Solana Still ‘100x Better’ Despite Plunging Revenue

  • Solana's memecoin market has collapsed, with daily decentralized exchange volume dropping significantly.
  • Despite a 93% drop in revenue, Solana remains 100x stronger and is focused on supporting meaningful projects in the face of regulatory shifts.
  • Solana's daily decentralized exchange volume has declined from $35.9 billion to $979.5 million.
  • However, the infrastructure built during the memecoin frenzy has strengthened Solana, positioning it well for the future.

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