Meme-coin trading accounted for 65% of November's volume as Pump.fun's automated system, while post-election speculation fueled record activity on Solana's leading exchange.

Solana’s meme-coin frenzy leads to SOL’s price surpassing $200 and on-chain trading volumes reaching a new high of nearly $4 billion. Concurrently, the network sees over $100 million raised through meme-coin presales in just three days.

Solana-based automated market maker (AMM) Raydium was exploited. The exploit affected liquidity pools and hackers stole more than $4 million.