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Solana Tops Blockchain Traffic in 2024 with Meme Coins Fueling Growth – CoinGecko Insights

  • Solana emerges as the top blockchain by traffic shares, fueled by the popularity of memecoins built on its network.
  • Solana accounts for 38.79% of total global traffic shares, followed by Base with 16.81%.
  • Ethereum's traffic shares have fallen by 1.9% since Q1 2024, possibly due to the rise of Layer-2 networks and its established platform status.
  • Pump.fun, a Solana-based memecoin launchpad, contributes to Solana's growth with its rapid expansion and revenue generation.

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