{"id":136134,"date":"2024-08-24T09:30:35","date_gmt":"2024-08-24T06:30:35","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=136134"},"modified":"2024-08-24T01:24:02","modified_gmt":"2024-08-23T22:24:02","slug":"tron-surpasses-solana-as-top-meme-coin-trading-platform","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/tron-surpasses-solana-as-top-meme-coin-trading-platform\/","title":{"rendered":"Tron Surpasses Solana as Top Meme Coin Trading Platform"},"content":{"rendered":"<p>This development has shifted attention away from <strong><a href=\"https:\/\/cryptodnes.bg\/en\/cryptocurrency\/solana\/\">Solana\u2019s<\/a> <\/strong>previously dominant platform, Pump.fun.<\/p>\n<p>On August 21 Sunpump <strong><a href=\"https:\/\/x.com\/lookonchain\/status\/1826652910677266924\" rel=\"nofollow\">outpaced<\/a> <\/strong>Pump.fun in both daily revenue and transaction volume. According to Dune Analytics, Sunpump generated 3.65 million TRX (about $571,000), while Pump.fun brought in 2,575 SOL (around $368,000). Additionally, Sunpump <strong><a href=\"https:\/\/dune.com\/obchakevich_research\/sunpump-vs-pumpfun-compared\" rel=\"nofollow\">saw<\/a> <\/strong>more daily transactions, processing 7,531 compared to Pump.fun\u2019s 6,941.<\/p>\n<p>This shift signifies a major change in the meme coin trading landscape, with <strong><a href=\"https:\/\/cryptodnes.bg\/en\/cryptocurrency\/solana\/\">Tron<\/a> <\/strong>now capturing much of the market share that Solana once held. The launch of Sunpump on August 13 by Tron\u2019s founder, Justin Sun, appears to have been a strategic move to attract traders who were previously active on Solana.<\/p>\n<p><div class=\"read-more pb-3 pt-3 pt-md-2 px-3 my-4 border bg-light\">\n    <h5 class=\"text-uppercase border-bottom mb-3 pb-1\">Read More:<\/h5>\n    <a class=\"article row post-136094\" href=\"https:\/\/cryptodnes.bg\/en\/these-controversial-altcoins-could-skyrocket-according-to-raoul-pal\/\" title=\"These Controversial Altcoins Could Skyrocket, According to Raoul Pal\">\n        <div class=\"contentRight col-4\">\n            <span class=\"imgContainer mt-0\">\n                <img class=\"image img-defer\" src=\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2022\/06\/green-chart.jpg\">\n            <\/span>\n        <\/div>\n        <div class=\"contentLeft col-8\">\n            <h4 class=\"title mb-0\">These Controversial Altcoins Could Skyrocket, According to Raoul Pal<\/h4>\n        <\/div>\n    <\/a>\n<\/div>\n<\/p>\n<p>For some time, Solana had led the meme coin market, aided by the popularity of its Pump.fun launchpad, which made it easy for meme coins to launch and gain traction. However, as the market on Solana became overcrowded, traders began migrating to Tron\u2019s Sunpump, seeking new opportunities.<\/p>\n<p>This influx of activity on Sunpump has led to a notable increase in trading volume on Tron\u2019s decentralized exchanges (DEX). Data from DeFiLlama <strong><a href=\"https:\/\/defillama.com\/dexs\/chains\/tron\" rel=\"nofollow\">shows<\/a> <\/strong>a remarkable 558% rise in Tron\u2019s DEX volume over the last week, while Solana\u2019s DEX volume saw a decline of more than 24%.<\/p>\n<p>These changes have also affected the value of both networks\u2019 native tokens. Tron\u2019s TRX has surged over 18% in the past week, according to CoinMarketCap, while Solana\u2019s SOL has seen only a slight gain of less than 2%.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Tron network has recently emerged as the top platform for meme coin trading, overtaking Solana, thanks to the success of its new meme coin launchpad, Sunpump.<\/p>\n","protected":false},"author":3,"featured_media":24904,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[24,22],"tags":[111,289,416,266],"coin_category":[],"class_list":["post-136134","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-altcoins","category-others","tag-meme-coin","tag-meme-coins","tag-pump","tag-solana"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - 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