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Solana dominates memecoin trading with 85% market share, outpacing Robinhood Chain's brief challenge.

Market News
07 Sep 2026
Crypto Briefing
View Source
Bullish
Solana dominates memecoin trading with 85% market share, outpacing Robinhood Chain's brief challenge.

For the week ending August 26, 2026, Solana led memecoin trading volume across major crypto chains with $5.2 billion, capturing 85% of the market. This outpaces Robinhood Chain, which managed $389 million in the same period after a strong launch in July. Solana's mature infrastructure and tools like Pump.fun provide a liquidity advantage, attracting traders despite Robinhood Chain's initial hype around tokenized stocks. The data highlights Solana's ecosystem depth and loyal user base as key factors in reclaiming its memecoin dominance.

More News (SOL)

Solana's network income turns positive, SOL trades near $109 amid improving economics

Solana's network income turns positive, SOL trades near $109 amid improving economics

Solana's network economics have improved, with token holder net income exceeding $400,000 for two consecutive weeks as SOL traded near $109 on October 11. This marks a recovery after three weeks of negative results, indicating that network activity g...

Protocol Fundamentals
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Solana completes upgrade, cutting slot time to 200ms, aiming to boost network speed.

Solana completes upgrade, cutting slot time to 200ms, aiming to boost network speed.

Solana (SOL) finalized a network upgrade on October 9, reducing its target slot time from 400 milliseconds to 200 milliseconds through a staged process. This change aims to speed up transaction confirmations and potentially support more efficient tra...

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Solana's transactions hit 10.7B in Sept, boosting hopes for a Q4 rally above $125.

Solana's transactions hit 10.7B in Sept, boosting hopes for a Q4 rally above $125.

In September, Solana (SOL) saw a significant surge with over 14% price gains and a record 10.7 billion transactions, the highest since May 2025. This growth was supported by a milestone in tokenized stocks on its network, with supply surpassing $780....

Protocol Fundamentals
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8 hours ago
XRP longs surge 12 points as ETH longs decline, showing shifts in crypto futures positioning.

XRP longs surge 12 points as ETH longs decline, showing shifts in crypto futures positioning.

On October 11, XRP's coin-margin long positions increased significantly by 12 percentage points to 78.32%, while Ethereum's long positions declined in both coin-margin and USDT-margin markets. Bitcoin and Solana also saw notable increases in long pos...

Technical Signals
Neutral
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Ripple CEO bullish on XRP, citing payment utility and growing institutional use.

Ripple CEO bullish on XRP, citing payment utility and growing institutional use.

Ripple CEO Brad Garlinghouse expressed strong confidence in XRP, highlighting its fast transaction times, low costs, and growing adoption by financial institutions. He owns a significant amount of XRP but did not disclose specifics, and also holds Et...

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