PIPPIN Dominates Solana Chain Trading Volume, Market Cap Solidifies Above $330 Million

ContractFreelancer · 2026-01-12T14:23:54+00:00

PIPPIN, a meme coin on the Solana blockchain, is currently the top traded asset with over $5 million in daily volume. Trading at $0.33, it shows volatility and significant market interest, but traders should be cautious due to the speculative nature of such assets.

ContractFreelancer

2026-01-12 14:23:54

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According to the latest data from December 10, PIPPIN—a meme coin native to the Solana blockchain—has cemented its position as the top trading volume asset on the SOL chain. The token continues to command significant market attention, with its market capitalization stabilizing above $330 million.

Price Action and Trading Momentum

Currently trading around $0.33, PIPPIN has demonstrated the volatility characteristic of meme-driven assets. The token touched a peak of $0.38 in the 24-hour period, reflecting the speculative fervor surrounding it. Over the past day, the coin has experienced a modest pullback of approximately 2.31%, which remains relatively contained given the sector’s typical swings.

Why PIPPIN Leads on-chain Activity

The 24-hour trading volume standing at $5.11 million underscores PIPPIN’s remarkable liquidity on the Solana network. This volume surge elevates it to the top position among all on-chain traded assets on the SOL ecosystem, a testament to the intense retail participation and speculation driving the meme coin phenomenon.

Risk Awareness for Traders

It’s crucial to note that assets like PIPPIN operate in an environment of extreme uncertainty. These tokens frequently lack tangible utility or underlying value propositions, instead deriving price movement primarily from market sentiment and social momentum. The chain’s top performers in any given moment often reflect hype cycles rather than fundamental developments. Traders should exercise caution and only allocate capital they can afford to lose in such speculative positions.

PIPPIN-1,05%

SOL4,89%

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