TL;DR

• Solana processed more than 1 billion non-vote transactions last week, setting a record despite weak cryptocurrency prices and uncertain market sentiment across its network.
• Memecoin trading generated 28% of weekly DEX volume, while application revenue rose 32% from April lows to reach $23.9 million during the week.
• Fomo earned more than $315,000 in 24 hours, surpassing Axiom and showing that social-first platforms are reshaping how traders engage onchain across Solana.

Solana recorded its busiest week ever for user-generated activity even as cryptocurrency prices remained weak and market sentiment uncertain. The network processed just over 1 billion non-vote transactions, surpassing earlier peaks associated with major memecoin…