$5.2 Billion Solana Meme Coin Trading Volume Shows Divergence from SOL Price
The weekly spot trading volume of meme coins in the Solana (SOL) ecosystem has reached $5.2 billion, marking the highest level since November 2025. During the same period, SOL remained in the $95 to $96 range, indicating a divergence between meme coin trading volume and the price of the network's token. According to Solana Compass, the spot trading volume of Solana meme coins was $5.2 billion for the week ending August 26, 2026, while SOL traded around $96. Despite the increase in trading volume, the price of SOL did not rise. In July, non-voting transactions processed 4.2 billion, setting a monthly record, which is an increase of 13.5% compared to June and 91% compared to December 2025. The proportion of meme coins varies depending on the aggregation criteria, with approximately 25% of the DEX flow in July. CryptoSlate reported that ANSEM rose about 299% over a seven-day period. Meme coin trading is sensitive to trends and community attention, and Solana has a favorable structure due to low fees and fast execution. However, the average holding time is about 100 seconds, increasing the risk of price volatility and transaction failures. On social media, there are mixed expectations for the return of the meme coin season and concerns about scams. Domestic investors need to separate meme coin trading volume from SOL prices.
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