The memecoin market is undergoing a significant transformation as trading activity shifts from being centered on Solana to a fragmented, multi-chain landscape. Major players like Robinhood are entering the arena, with their new layer-2 blockchain already seeing millions in fees driven by speculative assets. Other platforms, such as Base and Pump.fun, are pivoting their business models to focus almost exclusively on high-speed trading infrastructure. This evolution means that successful investors must now monitor liquidity migration across hundreds of networks simultaneously rather than sticking to a single ecosystem.

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