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Meme-Market Trading Rises 20.2% to About $272 Million on Oct. 21

Solana accounted for 58.7% of tracked volume and posted the largest daily increase among the major markets.

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Three trays hold sharply different piles of plain metal tokens. / TokenPost.ai
Three trays hold sharply different piles of plain metal tokens. / TokenPost.ai

Trading across major meme markets rose 20.2% over 24 hours to about $272 million on Oct. 21, with Solana driving the increase after the previous day's decline.

Solana recorded about $160 million in volume, representing 58.7% of the total. The Robinhood market followed with $76.25 million, or 28.0%, while BNB recorded $25.07 million, or 9.2%. Together, the three markets accounted for 95.9% of tracked volume.

Solana's volume rose 32.8% from the previous day, the largest increase among the major markets. Its share climbed from 53.1% in the Oct. 20 reading, when total volume was about $226 million and Solana recorded about $120 million.

The higher total reversed the decline recorded on Oct. 20, though the figures describe trading volume rather than price changes. Kimchi, UHI and PONS were the leading projects by volume in the Oct. 21 reading.

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

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