Solana's decentralized exchange (DEX) volumes have surged to $480 billion year-to-date in 2024, marking a 22x increase compared to 2022 and an 11x increase compared to 2023. In addition, Solana meme coins' total market cap has surpassed $10 billion, with $2.3 billion in trading volume recorded in the last 24 hours. The top six cat memecoins by market cap have all seen double-digit increases in the past 24 hours.