Meme Coin News: The Shift from Solana to Tron with SunPump
Meme Coin Economy Decline on Solana
Solana’s Pump.fun has recorded its lowest number of launches in five months, signaling a decline in the meme coin economy on the blockchain. According to Step Finance’s Solana Floor analysis tool, the number of launches on Pump.fun has hit its lowest point in 151 days.
Tron (TRX) Gains Momentum with SunPump
However, the excitement surrounding Tron’s SunPump indicates a shift in interest. Justin Sun's strategy includes attracting more stakers and enhancing profits for the platform. Crypto markets are buzzing with anticipation over TRX and its potential to reclaim market share.
Decreased Activity on Solana
- Average daily launches: 15,217 (August 5-11)
- Average daily launches: 8,003 (week ending August 25)
- Reported drop: 47% in activity
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.