Solana DEX Volume Crashes 82% as Meme Coin Engine Stalls

SOL

SOL/USDT

$118.23

-3.41%

$118.23

-3.41%

(24s)

24h Volume

$4,023,090,801.95

24h H/L

$124.95 / $117.90

Change: $7.05 (5.98%)

Long/Short

65.5%

Long: 65.5%Short: 34.5%

Funding Rate

+0.0014%

Longs pay

Data provided by COINOTAG DATALive data

Solana

Daily

$118.62

▼ -2.77%

Volume (24h): -

Resistance Levels

Resistance 3$150.1667

Resistance 2$141.5175

Resistance 1$121.7643

Price$118.62

Support 1$118.0063

Support 2$113.4078

Support 3$109.6045

Pivot (PP):$122.3467

Trend:Uptrend

RSI (14):62.9

BeInCrypto Editorial

(07:03 AM UTC)

1 min read

Approved byJames Mitchell

0 comments

Solana (SOL) is flashing two on-chain cracks in the same two-week window: weekly DEX trading volume collapsed about 82%, and a key holder cohort began trimming its stake just as that drop unfolded. Dune and Glassnode data line the two events up almost to the week, with meme coin launchpads at the center.

The timing is the story. Here is how the pieces connect.