Solana’s decentralized exchange (DEX) has witnessed a sharp uptick, driven by a wave of new token launches, heightened trading volumes, and PumpSwap’s firm market grip.
Even though $SOL has dipped below $180 after hitting $205 just weeks ago, it’s not all doom and gloom for the blockchain network: Activity on Solana’s DEXs is thriving.
Interestingly, Dune Analytics’ data found that there’s a clear convergence between where tokens launch and where they’re mostly traded.
On July 21 alone, Raydium accounted for 157,195 new token pairs—roughly 65% of all pair creations across Solana DEXs. Pump.fun followed with 49,899 and PumpSwap with 26,689.
These stats highlight the growing gap between token creation and trading activity. Consequently, it suggests that the meme coin market is not just full of ideas but also liquidity.
In a nutshell, it sets out to give you a leg up in the trading arena by offering fast and secure swaps, automated swiping, limit orders, and copy trading.
It’ll first be held on the Solana, before expanding to Ethereum, BNB Chain, and other EVM networks. This way, you’ll be able to access fast trades on Solana from the get-go before tapping into more trading opportunities.
In fact, it promises the lowest fees (just 0.85% compared to the usual 1%+) and faster execution on Solana. This is all part of its ploy to outpace top bots like Maestro, Trojan, and Banana Gun.
It vows to achieve all this without sacrificing your security. With honeypot and rugpull detection, the bot will automatically block suspicious tokens before you trade.
Best Wallet sets itself apart from other non-custodial crypto wallets for many reasons. But in this instance, one of its most notable features includes offering direct access to the best crypto presales.
The Best Wallet ecosystem also has tons to look forward to, including the launch of Best Card (its own crypto debit card), an NFT gallery, and market intel analytics.
To get the most out of the ecosystem, you’ll want to purchase $BEST. Then, you can also enjoy lower gas fees, governance rights, and significant staking rewards currently at a 94% APY.
$REKT is the meme coin behind Rekt Brands Inc, a Web3-native company that operates across art, culture, NFTs, media, and physical goods.
$REKT is the core utility asset within the entire Rekt ecosystem. Beyond its meme coin origins, it’s the gateway to exclusive perks across the brand’s verticals.
For instance, by holding $REKT, you can gain access to token-gated experiences, like early product drops (like Rekkt Drinks) and whitelist spots for upcoming NFT projects.
To top it off, it enables you to vote on key governance decisions within the ecosystem and reap loyalty perks.
Renewed activity across Solana’s DEX ecosystem isn’t just great news for the network but for meme coins as a whole.
Dune’s data signals rising retail participation, deeper liquidity, and the desire for high-risk, high-reward tokens. And that’s precisely what meme coins are.
We’re not financial advisors. DYOR and don’t invest more than you’d be sad to lose.
