By Key Points
- Solana meme coin trading volumes hit $100M+ daily
- User activity on platforms like Axiom and Pump Swap breaks records
- Solana’s price jumps 20% as network activity surges
- 8 of the top 10 Solana meme coins post double-digit weekly gains
Solana meme coins are back in the spotlight. After months of fading momentum, daily trading volumes have exploded, crossing the $100 million mark—a sign of strong market revival.
Driving this comeback are community-focused platforms like Axiom and Pumpswap. Axiom took the lead on April 14, handling over 50% of Solana meme coin trades and logging a record-breaking 26,800 active users in one day.
Meme trading platform Axiom’s daily trading volume exceeded $100 million for the first time on April 14, accounting for about 50% of the market share of Solana Meme trading platform; the number of trading users reached 26,800, a record high. Axiom’s advantages include the support…
— Wu Blockchain (@WuBlockchain) April 15, 2025
Pumpswap, a DEX launched by Pump.fun, is gaining fast. On April 15, its trading volume surged by 50%, helping it capture 14% of the Solana DEX market. This kind of traction shows just how quickly Solana-based meme coins are drawing back trader attention.
PumpSwap Trading Volume. Source: DeFiLlama – Tchtoken
According to DeFiLlama, trading volumes across Solana’s DEX landscape are rebounding after a steep March drop. The activity isn’t limited to one or two platforms—Solana’s meme coin ecosystem as a whole is regaining steam.
This uptick in trading is also breathing life into the broader Solana Layer 1 ecosystem. With more users transacting, staking, and minting on the network, the foundation beneath these meme assets is starting to look stronger.
Finally @solana meme coins are being given back.
Road to 10 $SOL pic.twitter.com/iOzFeMK1pQ
— Joki 🇵🇱 (@Jokii_i) April 14, 2025
Meme Coin Prices Soar With Network Momentum
The performance of top Solana meme coins is matching the volume boost. In the last seven days, eight of the top ten meme tokens on the Solana blockchain have posted double-digit gains.
Even TRUMP—yes, the controversial meme token—managed to gain 4.5%, despite headwinds like tariff issues and a recent token unlock. These impacts were covered in more detail in our deep dive on the Trump tariff pause.
Others surged past 20%, fueled by increased speculation and a temporary cooling in macroeconomic tensions. Platforms like Axiom are feeding this trend by offering high-volume, meme-focused trading tools that match user appetite.
Solana Meme Coins Post Big Gains. Source: CoinGecko – Techtoken
This performance is closely tied to Solana’s own price action. The network recently climbed 20% off its 12-month low, a rebound covered in our detailed analysis of the Solana price rally. The connection between meme coin hype and base layer strength is getting harder to ignore.
Additionally, traders are watching new launches like Baby Token, which are bringing fresh excitement—and fresh liquidity—into Solana’s meme economy.
Meme coin chain? Maybe.
Broken chain? Used to be.
Dead? Not even close.Solana just got its Spot ETF approved in Canada.
Let me explain why I am buying more $SOL now👇
1/ Solana was one of the top-performing assets recently.
It reached an all-time high of ~$294 on January… pic.twitter.com/PlrtNeSpgS
— Maboo (@Maboocrypto) April 15, 2025
Regulatory Headwinds Could Still Challenge the Market
While Solana meme coins are flying high now, regulatory uncertainty is a looming factor that can’t be ignored. The recent IRS DeFi broker rule has sparked concern across the DeFi and meme coin sectors, especially for projects operating in grey legal zones.
For now, decentralized platforms like Pumpswap continue to offer users anonymity and low-friction trading. But should these regulatory efforts gain traction, projects tied to the U.S. or using U.S.-based infrastructure may face compliance crackdowns.
Meme coins, often operating outside traditional norms, could become a key target.
Yet in typical meme coin fashion, traders seem more focused on short-term gains than long-term risks. Trading activity remains strong, and most users are eyeing the next big breakout rather than worrying about new tax frameworks.
The challenge lies ahead—can meme coins maintain this momentum while dodging the looming hand of regulation?
What's your reaction?
