The $SOL trenches are back.
After the success of custom stock pairs on Robinhood Chain, some protocols started bringing the same concept to Solana.
The biggest success so far? Stonkdotfun.
You can almost think of it as the “PONS of Solana.”
Its token $STONK went from around $20M to $350M FDV at the top.
And the real standout was $ZCAT, a cat meme paired with tokenized ZEC. It went from basically zero to $170M in just 4 days.
The pairs launched on Stonkfun trade on Raydium, which also benefited $RAY , gaining around +180% from bottom to top in September.
Even Pump.fun launched its own custom pairs on September 9.
The launch initially marked a local top. The market sold the news, sending $PUMP down to around $3.5B FDV, from highs of $5.5B in August.
But then came a strong rebound.
+73% during the second half of the month, reaching around $6B FDV, while Pump.fun’s daily revenue kept steadily increasing.
The lesson?
When a new primitive becomes popular, the market quickly finds multiple ways to monetize it.
And Solana absolutely loves this kind of casino. 😂
#trading
After the success of custom stock pairs on Robinhood Chain, some protocols started bringing the same concept to Solana.
The biggest success so far? Stonkdotfun.
You can almost think of it as the “PONS of Solana.”
Its token $STONK went from around $20M to $350M FDV at the top.
And the real standout was $ZCAT, a cat meme paired with tokenized ZEC. It went from basically zero to $170M in just 4 days.
The pairs launched on Stonkfun trade on Raydium, which also benefited $RAY , gaining around +180% from bottom to top in September.
Even Pump.fun launched its own custom pairs on September 9.
The launch initially marked a local top. The market sold the news, sending $PUMP down to around $3.5B FDV, from highs of $5.5B in August.
But then came a strong rebound.
+73% during the second half of the month, reaching around $6B FDV, while Pump.fun’s daily revenue kept steadily increasing.
The lesson?
When a new primitive becomes popular, the market quickly finds multiple ways to monetize it.
And Solana absolutely loves this kind of casino. 😂
#trading