Solana Memecoin Mania Drives PumpSwap DEX to $1.2B Record Trading Volume

The Solana blockchain is witnessing an unprecedented surge in memecoin activity, propelling the decentralized exchange PumpSwap to a historic trading milestone. Fueled by the viral frenzy surrounding new Solana-based meme tokens, PumpSwap's 24-hour trading volume has skyrocketed to a record-breaking $1.2 billion. This explosive growth highlights the intense speculative interest and liquidity flowing into the Solana ecosystem's DEX landscape. Analysts point to low transaction fees and high network throughput as key factors enabling this trading boom. The volume spike positions PumpSwap as a major beneficiary of the current memecoin trend on one of the market's most active blockchains.