Meme Coin Speculation Drives 31.4 Million Active Addresses on Solana, 45% Surge in BNB Chain Transaction Volume

Meme coin speculation has driven Solana's active addresses to 31.4 million, a 38% increase over the past seven days, while BNB Chain's transaction volume rose 45%. According to cryptopolitan, the spike was led by Solana's ANSEM and BNB Chain's TCC and CZ transactions. This surge pushed Solana to the top of chain activity rankings, though analysts note increased wallet activity and volume do not necessarily indicate sustainable network adoption. Meme coin trading often has short and limited profit ranges. Solana processed 685 million transactions worth $13.63 billion in seven days, with fees up 70% year-over-year to $4.06 million and weekly protocol revenue rising 21% to $422,500. Total value locked grew 3.9% to $24.78 billion. Average transactions per wallet reached ~22, with ~$0.0059 per transaction. BNB Chain's 24-hour volume jumped to $3.5 billion from $2.4 billion, with ~8.3 million active addresses, 96.7 million transactions, and $182,000 in fees. Average transactions per wallet were ~11.6, with ~$0.0019 per transaction. Solana traded at ~$80.58, BNB at ~$582.26. DEX volumes were $1.81 billion for Solana and $349.52 million for BNB Chain. Similar surges occurred before, including a March 2024 spike where Solana's daily on-chain volume exceeded $3.79 billion, with record-high fees. Jupiter briefly surpassed Uniswap's daily volume. Galaxy Research estimates meme coins will account for ~30% of Solana DEX volume by late 2025, down from ~60% in early 2025. Meme token holders' average holding period was ~100 seconds. Other studies show platforms like Pump.fun account for ~40-67% of DEX volume, with <2% of 2024 Q4 crypto issuances trading on major DEXs. Ethereum, BNB Smart Chain, Solana, and Base's meme tokens...