Memecoins Power Solana’s DEX Market Share: 95% of Activity Fueled By Laughtercoin Trends

Solana, despite a volatile market overall, experienced robust growth in April 2025 thanks largely to memecoin dominance. The platform saw a surge in decentralized exchange (DEX) trading activity, with memecoins accounting for an impressive 95% of non-stablecoin volume. This reflects the growing appeal and investment power of these quirky tokens. While broader market conditions saw declines in risk assets, Solana’s focus on infrastructure development through upgrades like increased throughput by 4%, positions it well for long-term success in the industry.