Solana Faces Uphill Battle to Escape Memecoin Dominance in 2026
Solana's Push for DeFi Maturity Amid Memecoin Overhang Solana, the high-speed blockchain known for processing over 65,000 transactions per second, has captured more than 20% of the decentralized exchange (DEX) trading volume in the DeFi sector as of late 2025, yet its ecosystem remains heavily skewed toward volatile memecoins, which accounted for roughly 70% of…