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Home » Solana DEX Traders Continue to Decline Amid a Rise in Meme Coin Scams
Crypto & Web3

Solana DEX Traders Continue to Decline Amid a Rise in Meme Coin Scams

EditorBy EditorAugust 28, 2025No Comments3 Mins Read
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In brief Solana’s daily DEX trader count has fallen to 900,000, down from 4.8 million earlier this year, Dune data shows. Retail traders are retreating amid meme coin scams, Instagram hijackings, and Ethereum’s rising dominance. Solana’s DEX volume share rebounded to 27% in August, though some warn its meme coin reliance may hinder growth. Retail...

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