- Meteora is a major part of the Blockchain activity on Solana.
- Meteora exceeded the fun of the pump by generating the fees $ 5.37 million over the past 24 hours.
Solana Ecosystem is flourishing with Memecoin trading activity. Ethereum has exceeded the creation of memecoin and trading with advanced Defi platforms. Pump Fun was a famous Memecoin creation platform, as many Memecoins are born on Solana Blockchain. The other Solana Defi platform, Meteora, is the creation of waves in the Solana ecosystem by bypassing the pump’s pleasure in terms of created fees.
Meteora: DEFI platform on Solana drawings
According to the Source Open Source Analytics website, Meteora ascended to be the Defi platform that has been generated on Solana Blockchain. It was born 5.37 million dollars in the past 24 hours, followed by the pleasure of the pump and the buyer with $ 2.47 million and 1.71 million dollars, respectively. The next Solana Defi platform is Jito and Axiom, with a fee of $ 1.69 million and $ 1.59 million, respectively, in the past 24 hours.
The fact that multiple decentralized platforms exceeded Blockchain parents, Solana, in terms of fees created worthy of observation. It shows strong quality, easy access, and ease of use of these platforms with innovative features. Solana stood sixth by generating only $ 1.37 million in fees during the past 24 hours.
What is behind the increase in Metara in use?
The Meteora Defi platform was launched in 2024 to meet the challenges faced by the Solana community in terms of the creation and trading of Memecoin. It is not new for Solana Blockchain to see another pin that focuses on Memecoin’s trading. However, Meteroa has made a name for itself by addressing the problems involved in the trading of Memecoin.
Most of the Mimin loses their spark in weeks, and their holders who are waiting for the price increase will lose their money in the end. However, Meteora changes this basic issue with Memecoins. The permanent fee generation model and dynamic liquidity market maker ensures that both creators and distinguished code holders benefit from their efforts and investments.
Meteora recently has Declare The launch of V2, increased trading activity on the platform. The integration of the dynamic bonding curve (DBC) allows inventors and liquidity providers to earn fees and suitable. This feature has gained very popular in the Crypto Memecoin community by eliminating previous issues with Memecoins.
Solana Defi platforms expand the limits of what Blockchain technology can do. Meteora leads the road by predicting and addressing the needs of both investors and creators. Its partnerships with other platforms such as Candle and Dripster are enhanced by using meeora more.
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