Solana memecoin frenzy sends PumpSwap trading volume to record $1.2 billion

Despite high trading volumes, PumpSwap's fee generation remains modest, with $2.98 million in fees recorded on Monday. What to know : PumpSwap has reached a record trading volume of $1.28 billion in 24 hours as Solana's memecoin market revives. Despite high trading volumes, PumpSwap's fee generation remains modest, with $2.98 million in fees recorded on Jan. 5. The resurgence of memecoin trading on PumpSwap highlights a renewed interest in Solana's market, though sustained profits are uncertain.