{"id":15737,"date":"2024-03-19T08:00:53","date_gmt":"2024-03-19T08:00:53","guid":{"rendered":"https:\/\/coinengineer.io\/blog\/?p=15737"},"modified":"2024-03-19T07:48:29","modified_gmt":"2024-03-19T07:48:29","slug":"solana-memecoin-mania","status":"publish","type":"post","link":"https:\/\/coinengineer.net\/blog\/solana-memecoin-mania\/","title":{"rendered":"Solana Memecoin Mania!"},"content":{"rendered":"

Solana Memecoin Mania! Solana<\/strong> network activity surpassed Ethereum as interest in Solana-based memecoins<\/strong> increased. This activity positively reflected on the SOL price.<\/p>\n

The popularity of memecoins in Solana<\/strong> brought on-chain volumes to their all-time high on Friday.<\/p>\n

The volume of Solana, Ethereum’s leading competitor, exceeded $3.79 billion on Friday. The blockchain’s previous all-time high volume was $2.85 billion.<\/p>\n

On Saturday, it was close to Friday’s ATH level and had a volume of $3.44 billion. The 24-hour volume is currently at $3.61 billion levels.<\/p>\n

The number of active addresses and new wallets in Solana continues to increase. Approximately 1.2 million active addresses were recorded over the weekend, a level not seen since June 2022. At the same time, the number of new addresses on the Solana network continues to rise to new all-time highs, and approximately 870,000 new addresses were recorded over the weekend.<\/p>\n

The total fees on the network are also at their all-time high levels. The total transaction fees paid on the Solana network yesterday were about 20.350 SOL worth approximately $3.83 million.<\/p>\n

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You Might Be Interested: Phantom Wallet Issues and Scam Warning!<\/a><\/em><\/p>\n<\/blockquote>\n

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