Falling prices did not weaken market activity
On October 7, 2026, the Solana memin sector fell by about 6% overall, but a more complex picture appeared behind the market. According to CoinGecko data (quoted from @BSCNews), the sector's 24-hour trading volume still exceeds US$7.2 billion. This figure shows that even during a period of sharp correction in overall prices, speculative enthusiasm remains strong. Although the overall correction of the sector reduced the total market value to approximately US$3.59 billion, high trading volume on major assets remained firm.
The most actively traded tokens of the day include solana: 2zMMhcVQEXDtdE 6vsFS 7S7D5oUodfJHE 8vd1gnBouauv and solana:6p 6xgHyF7AeE 6TZkSmFsko444wqoP15 icUSqi2 jfGiPN. Despite a general correction in the market, these two assets have maintained considerable liquidity. In addition, major assets such as PENGU and TRUMP still rank at the top of the trading volume list despite significant price retracements.
Pumpfun tokens continue their recovery momentum
In this round of market, the most prominent performer is the native token of the Pumpfun platform solana: pumpCmXqMfrsAkQ5r49WcJnRayYRqmXz6ae8H7H9Dfn . The token has gained about 60% in the past 30 days since its mid-year low. PUMP successfully reversed the downward trend in 2026 and recorded significant gains in the recent sharp rebound. As traders return to and increase speculation in memein, the Solana-based launch platform continues to capture large amounts of trading volume.
Pumpfun regained dominance of the launch platform, becoming the first application in Solana history to exceed US$1 billion in cumulative revenue. This milestone strongly supported market sentiment towards the token. When the launch platform's share increases, its repurchase ability also increases because Pumpfun directly uses fee income to purchase PUMP tokens. In the most recent recovery, the platform executed at least $1 million in repurchase operations a day.
Despite the positive momentum, risks are accumulating. Liquidation pressures have reportedly increased as broader memein sentiment faces headwinds. Pumpfun faces multiple challenges such as competition from other launch platforms, volatility in demand for memes, execution risks, and regulatory review. In addition, the rise of tokens also faces potential threats: the vesting period for development teams and existing investors is about to expire, and if holders choose to withdraw, it may bring new selling pressure. Therefore, traders focusing on this area should weigh the strong trading volume on the chain against these structural risks before making any conclusions about the sustainability of the current rally.

Exchange Ranking
Top Exchanges
24h Volume Ranking
Popularity Ranking
Exchange BTC Balance
Proof of Reserves
Decentralized Exchanges
Funding Rate
Funding Heatmap
Liquidation Data
Max Pain
Long/Short Ratio
Whale L/S Ratio
Binance/Okex/Huobi L/S
Bitfinex Margin L/S
ETF Tracker
Solana ETF
XRP ETF
Hong Kong ETF
Bitcoin Treasuries
Crypto Reversal
Ethereum Reserves
HyperLiquid Wallet Analysis
Hyperliquid Whale Watch
Large Transactions
On-chain Movement
Bitcoin ROI
Stablecoin Market Cap
Options Analysis
News
Articles
Economic Calendar
Features
Wallet
Contract Calculator
Security
Collections
Watchlist
Following
SOL
PUMP