Solana’s 38M transactions signal AI’s rise – Are memecoins being left behind?

Change is the only constant, and technology proves it better than anything else. Over time, blockchain has moved from niche to mainstream and now, the next wave is already here – AI-driven blockchain use cases.

Notably, AI agents have played a major role in this shift. From self-executing transactions to autonomous decision-making, they are helping blockchain become smarter and more efficient across industries.

Solana [SOL] is right in the mix. In fact, a recent post on X highlighted 38 million transactions with autonomous agents in action. It’s a clear signal that Solana is leaning into the AI-driven future of blockchain.

And yet, this shift didn’t stop a market frenzy. In the post, the quote “no more memecoins” immediately caught attention, and the fact that it was shared on Solana’s official X account sent waves through the community.

Binance founder CZ jumped in to defend Solana’s memecoins, while skeptics pointed out that CEXs make money from listing them. The real story, though, is the rise of AI projects, and Solana hitting 38 million transactions is a clear sign of how serious this shift really is.

That said, AMBCrypto asks an even bigger question – If the on-chain data checks out, could AI finally settle the year-long memecoin debate? In other words, are Solana memecoins really at risk of getting disrupted by AI?

Solana strengthens fundamentals as memecoins take a hit

The recent market FUD has left Solana looking a bit shaky on the charts. 

And yet, even after dipping below $100, the network is still killing it on-chain. SolanaFloor data revealed weekly spot DEX volume hitting a 13-week high of $36 billion, putting it ahead of other L1 chains.

Why does this matter? It shows Solana’s base is being built on real fundamentals, not just hype. Meanwhile, memecoins on the network have been taking a hit, with Official Trump [TRUMP] leading the losses after falling by 40%.

These numbers back up AMBCrypto’s thesis. 

In the past, market FUD often pushed capital into memecoins for quick gains. However, with the overall memecoin market cap down 35% this month, their classic “risk-reward” profile is starting to look very different.

Now, add Solana’s AI agents driving 38 million transactions on-chain. Clearly, investors are favoring real network activity over short-term bets, putting genuine weight behind utility rather than hype.

With trends like this, the debate between memecoins and AI-driven projects is beginning to feel pretty one-sided. Thus, Solana’s embrace of AI could make it one of the L1s leading the next wave of blockchain adoption.

Final Thoughts

• Solana’s 38 million AI-driven transactions and strong on-chain volume show investors favoring utility over hype.
• While Solana builds fundamentals, memecoins on the network are falling, highlighting the shift from speculation to AI-powered blockchain use cases.