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.