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Three Markets Account for 96.8% of Tracked Meme-Market Trading

The Solana market contributed $91.64 million, while Robinhood and BNB recorded $51.08 million and $19.39 million.

Updated 1 min read
A passerby checks a smartphone on a sidewalk in Menlo Park, California / EconoTimes.ai
A passerby checks a smartphone on a sidewalk in Menlo Park, California / EconoTimes.ai

Solana supplied most of the activity in a tracked meme-market snapshot that put 24-hour turnover at about $168 million, down 18.8% from the prior period.

The Solana market generated $91.64 million, with Robinhood at $51.08 million and the BNB market at $19.39 million. Those totals represented 54.7%, 30.5% and 11.6% of turnover, respectively. Together, the three categories made up 96.8%, while Solana and Robinhood alone accounted for 85.2%. All other tracked markets represented the remaining 3.2%.

Robinhood's market recorded a 13.9% daily drop, smaller than the declines reported for other major markets. Among individual projects, the highest reported turnover belonged to UHI, PONS and AI.

An earlier EconoTimes story gave a total of about $308 million for meme-market activity on Oct. 8. That figure was 14.6% lower than the day before.

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