• Bitcoin
  • NFT
  • Binance
  • ETH
  • DeFi
  • Metaverse
  • IDO
  • Coinbase
  • Solana
  • ETF
  • FTX
  • GameFi
Newsletter
  • Home
  • Crypto News
  • Market
  • Learn
No Result
View All Result
  • Home
  • Crypto News
  • Market
  • Learn
No Result
View All Result
CoinLive
No Result
View All Result
Home Crypto News

Meme Trading Volume Hits Record $252 Million on Solana

189
SHARES
1.5k
VIEWS
Share on FacebookShare on Twitter
Key Points:

  • Record trading, market dynamics, leadership roles, and significant fluctuations.
  • Peak trading volumes on April 17, 2025.
  • Notable influence from Donald Trump’s promotion.

record-trading-volumes-on-solana-meme-platforms
Record Trading Volumes on Solana Meme Platforms

Solana-based meme trading platforms, including Axiom and Pump.fun, saw their trading volumes hit a record $252 million on April 17, 2025, marking a peak driven by speculative activity.

Overview of Meme Trading Surge

The rise in meme trading volume on Solana, led by Axiom and Pump.fun, reflects renewed market speculation. Daily trading volumes surpassed $100 million, breaking records with an increase in user participation.

Related articles

U.S. Treasury Revokes 2024 Crypto Broker Reporting Rule

July 11, 2025

BDAG Referral Rewards Push Presale Higher! XLM Technical Updates, BNB forecast Inside

July 11, 2025

Key figures such as Colin Wu noted Axiom’s volume dominance, while Donald Trump’s promotion of the TRUMP token played a substantial role. The new Pumpswap DEX was launched by Pump.fun.

Impact on Token Prices and User Participation

The surge affected token prices with TRUMP showing post-unlock gains. Over 26,800 users engaged on Axiom, marking a substantial increase in market activity.

Speculative activities initiated by retail investors drove the trading volume, reflecting significant market challenges and opportunities. Solana’s price also demonstrated resilience in light of these changes.

Retail Influence and Market Dynamics

The meme trading boom was primarily retail-driven, highlighting a lack of institutional backing. Donald Trump‘s involvement gave a unique twist to crypto promotion.

Historically, such surges often result in volatile price action, yet sporting potential bullish momentum in the short term. Data and trends suggest an ongoing retail domination in meme asset trading.

Axiom’s daily trading volume surpassed $100 million for the first time on April 14, accounting for about 50% of the market share of Solana Meme trading platform. The number of trading users reached 26,800, a record high. — Colin Wu, Analyst, Crypto Industry Expert

Share76Tweet47

Related Posts

U.S. Treasury Revokes 2024 Crypto Broker Reporting Rule

by shark
July 11, 2025
0

U.S. Treasury dismantles 2024 crypto broker reporting obligations, easing compliance burdens for DeFi platforms.

BNB Chain Executes 32nd Quarterly Token Burn

by shark
July 11, 2025
0

BNB Chain completes a substantial token burn, reducing supply by over 1.5M BNB, aiming for long-term deflationary effects.

GameSquare Completes Initial $5M Ethereum Purchase

by shark
July 11, 2025
0

GameSquare Holdings secures initial $5M Ethereum purchase, led by CEO Justin Kenna, marking strategic treasury move.

KuCoin Passes Hacken’s Proof of Reserves Audit

by shark
July 11, 2025
0

KuCoin completes a successful Proof of Reserves audit by Hacken with BTC, ETH, USDT, and USDC ratios exceeding 110% as...

Max Keiser Predicts Bitcoin to Reach $220,000 by 2025

by shark
July 11, 2025
0

Max Keiser projects Bitcoin hitting $220,000 by 2025 amidst declining exchange supply.

Load More

Tags

analysis announces Bank billion Binance Bitcoin Blockchain BTC CEO Coin Coinbase Crypto cryptocurrencies Cryptocurrency DeFi ETH Ethereum Exchange Finance FTX fund game General News Information Investment Latest Launch launches market Metaverse million Network News NFT platform Price project Protocol Review SEC Solana Token trading users wallet

Recent Posts

  • U.S. Treasury Revokes 2024 Crypto Broker Reporting Rule
  • BDAG Referral Rewards Push Presale Higher! XLM Technical Updates, BNB forecast Inside
  • BNB Chain Executes 32nd Quarterly Token Burn
  • GameSquare Completes Initial $5M Ethereum Purchase
  • KuCoin Passes Hacken’s Proof of Reserves Audit
  • Max Keiser Predicts Bitcoin to Reach $220,000 by 2025
  • Bitcoin Pepe Makes Headlines, But BlockDAG Leads With Seattle Sports Deals & $335M Presale
  • Bitcoin ATH Triggers $539M in Short Liquidations
  • About
  • FAQ
  • Contact Us
  • IGO
  • Altcoin
  • Terra
  • Launchpad
  • P2E
  • META
  • AXS
Email us: [email protected]

© 2021 CoinLive - Crypto News 24/7

No Result
View All Result
  • Home
  • Crypto News
  • Market Analysis
  • Learn

© 2021 CoinLive - Crypto News 24/7