[2025-08-28] The latest IT, economic, blockchain and coin news
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2025-08-28 | Curator: CryptoTerminal
Solana DEX Traders Continue to Decline Amid Rise in Meme Coin Scams
Retail traders on Solana-based decentralized exchanges are shifting their attention elsewhere in the cryptoeconomy, with the month of August extending a year-long decline as concerns linger over scams related to meme coins. The daily DEX trader count has plummeted from a peak of 4.8 million at the start of the year to just 900,000 in August, according to one Dune Analytics dashboard. Daily DEX transactions have also nearly halved, from a July peak of 45 million to 28.8 million. One expert Decryp...