To what extent did the issues with the Solana network contribute to the recent selloff? The disruptions impacted meme coins significantly and locked up capital. Solving these problems will likely be an ongoing challenge until a proper mempool is created. While I'm a fan, this incident has exposed Solana.
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Base is quickly gaining on Solana in the race for the memecoin crown, especially after Solana's recent issues. Solana's daily volume stands at $1.36B, while Base has surged to $1.10B from around $500M just a few days back. It looks set to overtake Solana in the coming days. @base.base.eth @solana
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162 new memecoins created on Base in the last hour. These were sorted on @dex-screener by age.
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