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Binance Chain Overtakes Solana In Memecoin Trading Volume

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Summary
Nutrition label

68% Informative

Binance Chain is the dominant blockchain for memecoin activity, as its trading volume has surpassed Solana .

The steep 15% drop for Solana leaves it in second place after a meteoric 12-month run that saw it become dominant.

Solana controls only 25% of the trading volumes, declining from a 40% dominance in April .

The rise to the top of the charts is intricately linked to the Binance Alpha Program , an initiative designed to improve Memecoin visibility.

VR Score

50

Informative language

40

Neutral language

15

Article tone

formal

Language

English

Language complexity

58

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

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