Solana accounted for 53.1% of meme-token trading across major markets in an Oct. 20 snapshot, even as total 24-hour volume fell 15.3% to about $226 million.
The three largest markets represented 95.3% of the total. BNB recorded $20.2 million in trading, or 8.9%, while Robinhood had $75.45 million, equal to 33.3%. Solana’s share amounted to about $120 million.
Arc moved against the overall decline. Its trading volume rose 44.7% from the previous day, the largest increase among the major markets in the snapshot. At the project level, PONS, UHI and cirBTC led by volume.
An Oct. 8 reading put combined volume at about $308 million, above the Oct. 20 figure.
