According to the Wintermute market report, Solana's on-chain transaction volume surpassed Ethereum, reaching $39 billion. Of this, 40% of the volume came from memecoins, and pumpdotfun accounted for 35% of the total volume on Solana DEX. In addition, Solana now dominates token generation, with a market share of 86%, and weekly token generation has surged to 110,000.