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Solana leads monthly on-chain volume despite 60% decline amid memecoin crash – TON BOT

Solana leads monthly on-chain volume despite 60% decline amid memecoin crash

Solana led the market in February with a trading volume of $102.4 billion, despite a 60% decrease. The decline was due to the cooling off of the memecoin frenzy following the LIBRA token incident. Memecoins accounted for a significant portion of Solana’s trading volume, with a sharp drop in February.


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