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      PEPE Token Achieves $40 Million Trading Volume on Solana in First Day

      The PEPE meme token, originally launched on the Ethereum blockchain, has surpassed $40 million in trading volume on the Solana network within approximately 24 hours of its debut. This significant trading activity occurred after PEPE was introduced via Sunrise, an asset orchestration layer built on the Wormhole infrastructure, which facilitates seamless asset transfers between different blockchain networks.

      Sunrise reported the trading volume milestone on September 19, 2026, highlighting one of the fastest ramps for a newly listed asset on its platform. The rapid trading activity suggests a strong demand for meme tokens on Solana, which is known for its lower transaction costs and faster processing speeds compared to Ethereum. This debut coincided with a broader market rebound, further boosting trading volumes for PEPE across various platforms.

      Sunrise's innovative approach involves creating what it calls 'canonical tokens,' ensuring that there is a single official version of PEPE on Solana, rather than multiple wrapped variants. This model allows for streamlined trading across major decentralized exchanges on Solana, including Raydium, Orca, and Meteora, which collectively contribute to a robust liquidity environment for traders. The successful launch of PEPE on Solana underscores the potential for other Ethereum-based tokens to migrate to the Solana ecosystem without facing liquidity fragmentation issues.

      © 2026 KLEA News. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

      Source: KLEA News

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