The transaction fees for Memecoins on the Solana chain exceed 3 billion dollars, with the largest "whale" spending 130 million dollars

According to ChainCatcher's message, the "2024 Memecoin Annual Consumption Report" released by ChainCatcher shows that the Solana ecosystem's Meme coin trading has generated over $3.093 billion in fees. Among them, DEX platforms like Raydium lead with a 56% share, earning $1.7 billion; trading bots follow with a 24% share; MEV infrastructure Jito earned $340 million, accounting for 11%; and Pump.fun earned $240 million, making up 8%.

The data also shows a significant user concentration, with the top 10% of users contributing 90% of the fees. The average spending of a single whale user reaches $13,000, with the largest "whale player" spending as much as $130 million in annual trading fees.