Solana Perpetual Contract Share Falls to 6% as Meme Coin Volume Slips to 15 to 20%
Galaxy Research data shows meme coins fell from over 50% of Solana trading volume in late 2024 to 15 to 20% in Q2 2026, while its onchain perpetual share slipped from 17% to 6%. SOL is down nearly 20% year to date and US listed SOL ETFs posted two weeks of outflows near $50 million. The Solana Foundation says it is pivoting to stablecoins and tokenized assets to draw institutional adoption.