Active Solana addresses slid to 3.3 million, the lowest in 12 months, driven by a pullback in memecoin trading; Pump.fun remains the dominant launch platform. The shift points to concentrated on-chain activity even as broader user engagement cools.
Pump.fun launched Mayhem Mode with an AI agent that can buy and sell early-stage meme tokens directly on the platform during their first 24 hours. The feature is designed to automate liquidity and trading for newly minted tokens and to accelerate participation in fresh launches.