Solana sees 40% decline in user activity as memecoin rug pulls erode trust
Solana memecoin scams and rug pulls are driving capital outflows to Ethereum and Arbitrum as user activity declines, but analysts say it may benefit Solana long-term.
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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Solana memecoin scams and rug pulls are driving capital outflows to Ethereum and Arbitrum as user activity declines, but analysts say it may benefit Solana long-term.
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