2026-01-05 00:22:19

The USD stablecoin season narrative is picking up momentum. All eyes are on whether the latest memecoin platform will surpass its main competitor in market share.

Here's what's happening in the Solana trading ecosystem today:

Daily activity on SOL-based launchpads shows mixed signals. Trading volume reached $400.9M, staying relatively flat with just a 0.2% uptick. However, active traders dipped to 334.3K, down 12.6% from previous levels. New token creations hit 25.2K, reflecting a 5.9% decline. Meanwhile, successfully graduated tokens fell to 177, marking a 13.9% drop.

On the positive side, one major platform spiked 63.6%, with trading volume concentrated at $255.1M. This jump suggests renewed interest in certain segments despite the broader slowdown in new project launches.

The data paints a picture of consolidation—fewer creators, fewer traders, but larger volumes on select winners. Classic market dynamics in the altseason.

SOL-2,56%

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RektButStillHere

· 12h ago

It's the same data again... Active traders have plummeted by 12.6%, and new coin creations are also declining. Is this what they call "consolidation"? Basically, retail investors have all left. The 63.6% platform growth looks impressive, but with only 255M concentrated, do they really think they can surpass their competitors? This meme season is really starting to feel a bit weak.

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VCsSuckMyLiquidity

· 22h ago

The King of Coins platform is bleeding again, retail investors are frantically cutting losses... This is what they call "consolidation" haha

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NFTFreezer

· 01-05 17:19

The King of Coins platform is winning again, everything else is dead... This is what Solana looks like right now.

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gaslight_gasfeez

· 01-05 00:51

The top players are all fighting for that one platform, while other projects are dying off really quickly.

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WenMoon

· 01-05 00:49

Starting to talk about stablecoin narratives again, but looking at this SOL data, it's really a bit awkward... Traders are fleeing, and the creators are decreasing. Is this what they call "consolidation"? To put it simply, after squeezing the last juice, everyone goes back to their own homes.

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GasWastingMaximalist

· 01-05 00:47

The active areas are clearly shrinking, and this is the time for project teams to wake up.

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SigmaValidator

· 01-05 00:34

There is indeed a sense of big fish eating small fish in this data... Is the 63.6% increase on that platform real, or is it just another hype to boost expectations?

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MidsommarWallet

· 01-05 00:30

The King of Volume platform is starting to dominate again, with a 63.6% increase... How does it feel like the winner takes all more and more?

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