ANSEM surges 299%, lifts Solana memecoin activity

ANSEM climbed roughly 299% over seven days, traded about $64.9 million in 24‑hour volume and carried a market capitalization near $173 million. The token’s rise occurred as weekly decentralized‑exchange activity tied to memecoins on Solana increased to $5.33 billion and memecoins made up more than 20% of the chain’s weekly trading volume.

On July 4, Pump.fun and PumpSwap each exceeded $1 billion in single‑day volume, the first time those platforms reached that level since early April. Pump.fun recorded $18.22 billion in DEX volume over the prior 30 days, and the week from June 29 to July 5 was the first above $5 billion since late March.

July 1 marked the busiest day in 80 days for token launches and graduations on the Solana launchpad linked to memecoins. The ANSEM rally triggered a wave of variant tokens that appeared soon after the initial gains.

An exchange note dated July 1 estimated that launchpad revenue on Pump.fun had recovered roughly 62% and trading volume about 55% compared with the two weeks before the uptick. The note attributed much of the recent launch activity to ANSEM and subsequent copycat projects.

Data on trading composition show memecoins accounted for over 20% of Solana’s weekly trading volume, the first time the share rose above that threshold since mid‑May. Earlier research recorded peak memecoin share near 50% of weekly volume in late 2024.

Market structure measures for memecoin trading have shifted toward faster cycles. Median holding times for memecoin positions fell to about 100 seconds from roughly 300 seconds in earlier cycles. A 2026 conference paper documented automated trading programs that buy within the first one to five blocks of token launches, a pace faster than human reactions.

A large tracking project that analyzed tens of thousands of Solana launches found coordinated accounts often held concentrated portions of new tokens, with an average of 36.5% of supply controlled by such accounts and more than 84% of launches flagged as high risk. A separate cross‑chain study of nearly 35,000 memecoins identified signals of artificial growth-such as wash trading and liquidity‑pool price inflation-in about 82.8% of the highest‑return tokens and recorded realized losses exceeding $9.3 million across more than 17,000 addresses.

Analysts and market participants point to measurable indicators that can track the durability of the recent activity: daily and weekly DEX volumes on Pump.fun, the share of Solana trading driven by memecoins, token launchpad activity and token holding times. Observing those metrics over coming weeks will show whether the recent spike in ANSEM and related tokens persists or recedes.