Meme Coin Market Capitalization Touches $85B as Base and Solana Absorb Record On-Chain Velocity
Cumulative meme coin market capitalization crossed $85.4 billion on August 24, 2026, propelled by record transaction volume across Ethereum Layer 2 networks and Solana. Daily on-chain trading turnover reached $7.8 billion as algorithmic automated market makers on Coinbase’s Base network and decentralized platforms processed over 18,000 new token liquidity launches in a 24-hour span.