Solana Overtakes Ethereum as Top Blockchain for Memecoin Frenzy

Solana has overtaken Ethereum as the top blockchain by DEX trading volume, with $21.3B volume over 7 days vs $19.4B for Ethereum
Surge driven by speculative frenzy around Solana-based memecoins like dogwifwhat, bonk, book of meme, etc.
"Presales" trend where tokens sold before official launch has catalyzed memecoin hype
Book of Meme presale turned early investors' hundreds into hundreds of thousands in days
Solana's low transactions fees make it attractive for speculative memecoin trading vs Ethereum