Solana ecosystem token PAID market cap surpasses $30 million, up over 220% in 24 hours.

BlockBeats news, September 26, according to GMGN market data, the market cap of PAID on Solana briefly surpassed $30 million, with a 24-hour increase of over 220%, and a trading volume of $23.4 million during the same period.

Public information shows that UsePaid is a tool for automatic fee splitting for token creators: project teams can import creator fees generated by Meme coins into UsePaid, where 80% is converted to USD and paid to designated X users via X Money, and 20% is used to buy back and burn PAID.

Additionally, on-chain data shows that DeGods founder Frank DeGods bought PAID about four days ago, investing approximately $145,000 to $169,000, and holds tens of millions of tokens.

BlockBeats reminds users that related token prices are highly volatile, and investment requires caution.