Pump Fun’s slowdown triggers 97% collapse in Solana network earnings

Solana’s network revenue and decentralized exchange (DEX) volume have plummeted in recent months as the hype around memecoins fades. This downturn is largely tied to the slowdown of Pump.fun, a major memecoin launchpad that once fueled a surge in network activity. source: https://cryptoslate.com/insights/pump-funs-slowdown-triggers-97-collapse-in-solana-network-earnings/