Axiom's single-day trading exceeded 100 million USD, accounting for about 50% of the market share on the Solana Meme platform.

WuSaidBlockchainW · 2025-04-15T08:08:00+00:00

The meme trading platform Axiom saw its volume exceed $100 million for the first time on April 14, capturing 50% of the Solana market share, with 26,800 users. Factors contributing to its success include support from Y Combinator, comprehensive features, and promotional strategies, but there are concerns regarding some wash trading.

WuSaidBlockchainW

2025-04-15 08:08:00

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Wu said that according to @defioasis, the single-day trading volume of the meme trading platform Axiom exceeded $100 million for the first time on April 14, accounting for about 50% of the market share of the Solana meme trading platform. The number of trading users reached a record high of 26,800. According to the analysis, the advantages of Axiom’s rise include the incubation support of Y Combinator, the functional aggregation of Wallet Tracer and Twitter Tracker, as well as derivatives trading and financial management, the use of points strategy, the invitation of rebates to acquire customers, and the promotion of live video in Western communities. However, the average trading volume contributed by Axiom per user is significantly higher than that of other trading platforms, and there may be some brushing behavior.

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