Meteora DEX Surpasses Raydium as Kanye West YZY Token Drives Solana Crypto Boom

The cryptocurrency platform, Meteora, has taken center stage on the Solana blockchain thanks to the launch of the YZY token, a product of rapper and designer Kanye West. Driven by this high-profile release, Meteora experienced an astonishing $1.183 billion trading volume in the last 24 hours, outpacing even established platform Raydium. This surge indicates a speculative cycle fueled by excitement surrounding the YZY token, according to analysts who often see spikes in trading volumes when prominent individuals launch tokens.