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Top 10 Blockchain Gas Spenders This Week Reveal Meme Coin Mania and DeFi Strength

Veronicah Peninah by Veronicah Peninah
June 21, 2025
in Market, News
Reading Time: 4 mins read
Top 10 Blockchain Gas Spenders This Week Reveal Meme Coin Mania and DeFi Strength
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  • Tether’s gas use exceeded $74M, showcasing unmatched transactional demand compared to other dApps.
  • Meme coin platforms like Pump.fun and Banana Gun remain highly active despite account restrictions and broader volatility.
  • High gas usage reveals a stable and engaged user base, underscoring the resilience of decentralized trading in uncertain times.

In the past seven days, blockchain activity has revealed a significant trend—meme coin trading platforms are consuming exceptional amounts of gas, despite increased account restrictions and broader market uncertainty. Data from CryptoRank show a clear surge in decentralized application (dApp) usage, with meme-focused platforms maintaining high user engagement.

Meme coins consume a lot of gas

Despite the recent wave of account blocking and uncertainty, meme trading dApps remain the top gas consumers, highlighting their strong and active user base.

Still, @Tether_to is miles ahead of other protocols with an incredible $74M in gas used. pic.twitter.com/2SyS3Stcvo

— CryptoRank.io (@CryptoRank_io) June 20, 2025

The latest gas consumption rankings highlight a remarkable shift in blockchain economics. Tether emerged as the most gas-hungry protocol by far, consuming an unparalleled $74 million worth of gas—an amount that significantly outpaces every other listed project. The gap between Tether and the second-highest protocol, Pump.fun, which recorded $732,000 in gas usage, demonstrates Tether’s unique transactional footprint and growing dominance in digital asset transfers.

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Tether (USDT): $74M — Unparalleled Gas Dominance

Tether accounted for a staggering $74 million in gas spent, overshadowing all the other protocols. This impressive statistic shows the high-scale usage of the token on multiple blockchains for stablecoin settlements, transactions, and liquidity provision. Tether’s utilization of it implies ongoing reliance by retail and institutional players alike, securing its undisputed status in global crypto finance.

Pump.fun: $732K — Remarkable Meme Ecosystem Activity

Pump.fun, a meme coin launchpad on Solana, ranked second with $732,000 in gas usage. Despite a recent wave of account restrictions, the dApp continues to draw speculative users launching and trading meme tokens. This level of engagement indicates a thriving, though volatile, market niche.

Uniswap(UNI): $589K — Superior DeFi Utility

Uniswap, Ethereum’s top decentralized exchange, recorded $589,000 in gas used. While not meme-specific, its usage remains high due to its central role in trading tokens, including meme assets. Gas spending reflects both arbitrage activity and liquidity provision, underlining Uniswap’s foundational place in DeFi.

PhotonSwap(PHOTON): $456K — Lucrative Bot-Based Trading

Photon’s $456,000 in gas usage stems from its role in automating trades via bots. These bots enable fast reactions to price swings, especially in meme coins, which require split-second execution. The platform’s continued relevance shows traders’ preference for speed and automation in high-volatility markets.

Banana Gun(BANANA): $370K — Innovative Meme Sniping Tool

Banana Gun consumed $370,000 in gas. This meme sniping bot allows users to buy new meme tokens at launch before prices spike. The gas usage points to dynamic activity and high demand for tools designed to exploit meme coin volatility at the earliest opportunity.

SunSwap: $359K — Steady DEX on TRON

SunSwap, a decentralized exchange on the TRON network, used $359,000 in gas. Its presence highlights continued user engagement on TRON-based DeFi, including meme coin pairings. Though not meme-exclusive, the platform benefits from cross-chain token interest.

High Gas Usage Among Solana’s Meme Coin Trading Platforms

Raydium posted $353,000 in gas consumption. As a key Solana-based exchange, it enables high-speed, low-cost trades. A sizable portion of its usage involves meme coin speculation, which thrives in Solana’s low-fee environment.

Jupiter, another Solana protocol, recorded $347,000 in gas spending. Known for routing trades across multiple Solana DEXs, Jupiter supports efficient meme coin trading. Its gas usage reflects demand for best-price execution among meme coin traders.

Centralized and Automated Players Fuel Meme Coin Activity

Bitfinex, being a centralized exchange, reported $261,000 in gas usage—possibly due to internal settlements or on-chain activity. Its reporting shows a mixed model in which centralized exchanges remain heavily interacting with on-chain protocols, including stablecoins and meme tokens.

Maestro rounds out the offerings with $246,000 worth of gas utilized, with the benefit of enabling customers to buy meme coins using bots parameterizable to fit specific requirements. All of these listings reflect the agile nature of crypto trading involving both centralized exchanges alongside half-automatic tools in order to supply the high-risk, high-reward environment of the meme coin market.

Tags: Market News

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