Arc Network Debut Drew Memecoin Traders First — And They Dominated Volume

Arc blockchain arrived with an unusually serious guest list. Built by Circle, the company behind USDC, the new Layer 1 was designed for financial markets, real-time payments and transactions carried out by both people and software agents.On its first public-mainnet day, however, the biggest numbers came from somewhere much less institutional: memecoin launchpads.Those launchpads generated about $336.26 million of the $410.8 million in decentralized exchange volume recorded across the network on