Solana-based DApps rake in record fees as memecoin frenzy returns

Five of the top 10 crypto protocols by fee earnings in the last 24 hours were on Solana. 

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Solana-based apps notched record fees and revenue activity in the last 24 hours amid an apparent return of memecoin mania.

According to a Nov. 18 X post from decentralized finance commentator Patrick Scott, who cited DefiLlama data, five out of the top ten protocols by fees in the last 24 hours were on Solana. 

Five of the top 10 protocols by fees were on Solana on Nov. 17. Source: DefiLlama 

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