{"id":25139,"date":"2026-11-10T14:50:24","date_gmt":"2026-11-10T14:50:24","guid":{"rendered":"https:\/\/cryptoted.net\/index.php\/2026\/11\/10\/solana-tokens-can-now-be-traded-through-x-cashtags-using-fomo\/"},"modified":"2026-11-10T14:50:24","modified_gmt":"2026-11-10T14:50:24","slug":"solana-tokens-can-now-be-traded-through-x-cashtags-using-fomo","status":"publish","type":"post","link":"https:\/\/cryptoted.net\/index.php\/2026\/11\/10\/solana-tokens-can-now-be-traded-through-x-cashtags-using-fomo\/","title":{"rendered":"Solana tokens can now be traded through X Cashtags using fomo"},"content":{"rendered":"<p> <br \/>\n<br \/><img decoding=\"async\" src=\"https:\/\/media.crypto.news\/2025\/05\/crypto-news-Stablecoins-Solana-option03.webp\" \/><\/p>\n<div>\n<p class=\"is-style-lead\">Solana has introduced a new trading feature that allows X users to buy and sell Solana-based tokens through the fomo trading app directly from Cashtags displayed on the social media platform.<\/p>\n<div id=\"cn-block-summary-block_54f02d261f293d8c8782ccbe034dc10b\" class=\"cn-block-summary\">\n<p>\n        <span class=\"tabs__item is-selected\">Summary<\/span>\n    <\/p>\n<div class=\"cn-block-summary__content\">\n<ul class=\"wp-block-list\">\n<li>Solana has introduced token trading through X Cashtags using fomo, allowing users to access live market data and initiate trades with a single tap.<\/li>\n<li>The integration builds on Solana\u2019s existing market data features on X, which have allowed users to view cryptocurrency prices and charts since April.<\/li>\n<li>Fomo handles the trading process through its application, while X Cashtags provide users with access to supported Solana tokens.<\/li>\n<li>An October investigation by Bitquery found that roughly 90% of the 829,539 wallets examined had recorded losses after fees from trading Solana tokens through fomo.<\/li>\n<\/ul><\/div>\n<\/div>\n<p><!-- .cn-block-summary --><\/p>\n<p>The Solana team <a href=\"https:\/\/x.com\/solana\/status\/2120158301422055630?a=xx0EgzZsJUSXXJqKBw8&amp;s=20\" target=\"_blank\">announced<\/a> the integration on November 10, confirming that users can access live token market data and initiate trades with a single tap.<\/p>\n<figure class=\"wp-block-embed is-type-rich is-provider-x wp-block-embed-x\"\/>\n<p>The feature connects X\u2019s existing Cashtag system with fomo, allowing users to move from viewing a cryptocurrency\u2019s price and related discussions to trading it through the external platform.<\/p>\n<p>In its announcement, fomo described the process as a simple way to trade tokens mentioned in posts, with support for Solana-based assets.<\/p>\n<h2 class=\"wp-block-heading\"><strong>Solana trading expands X\u2019s existing Cashtag features<\/strong><\/h2>\n<p>The integration builds on X\u2019s earlier introduction of interactive Cashtags, which brought live cryptocurrency and stock market information into the platform.<\/p>\n<p>In April, X <a href=\"https:\/\/crypto.news\/x-integrates-live-trading-and-smart-cashtags-in-everything-app-push\/\" target=\"_blank\">launched smart Cashtags<\/a> for iPhone users in the US and Canada, allowing them to access live charts and market discussions by selecting asset tickers.<\/p>\n<p>The feature introduced support for identifying cryptocurrencies through their smart contract addresses, helping users distinguish between tokens that share similar names or ticker symbols.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<p>X\u2019s head of product, Nikita Bier, explained at the time that users could select specific assets when posting Cashtags, making it possible for readers to access the corresponding market information.<\/p>\n<p>The April rollout included a trading connection with Canadian financial services platform Wealthsimple, which allowed eligible users to access trading services through the Cashtag interface.<\/p>\n<p>With the latest integration, fomo has become a trading destination for Solana tokens discovered through the same system.<\/p>\n<p>Pedro Miranda, who commented on the announcement through his X account, pointed to the role Cashtags already play in market conversations.<\/p>\n<p>According to Miranda, millions of people discuss financial markets through Cashtags every day, while Solana-powered market data has been available through the feature since April.<\/p>\n<p>He described the latest development as a convergence of \u201cfinancial intent and execution,\u201d as users can now act on information they encounter without having to search separately for the asset.<\/p>\n<h2 class=\"wp-block-heading\"><strong>How does trading through fomo work?<\/strong><\/h2>\n<p>Under the newly announced arrangement, users can select a supported Solana token\u2019s Cashtag on X and proceed to fomo to execute a transaction.<\/p>\n<p>The process combines the token\u2019s market information with a trading route, removing the need to manually search for the same asset on a separate trading platform.<\/p>\n<p>Fomo operates as a social cryptocurrency trading application where users can discover tokens, follow trading activity and execute purchases or sales through an integrated wallet.<\/p>\n<p>Transactions involving Solana assets are processed through blockchain trading infrastructure, while the app provides the interface for placing orders.<\/p>\n<p>The arrangement does not mean X itself operates the exchange or settles cryptocurrency transactions. Fomo handles the trading process after users access the token through the Cashtag interface.<\/p>\n<p>Solana\u2019s announcement described the feature as available for any Solana token, although it did not provide a detailed breakdown of supported trading pairs, geographic availability or transaction fees.<\/p>\n<h2 class=\"wp-block-heading\"><strong>Fomo\u2019s Solana trading activity has grown in 2026<\/strong><\/h2>\n<p>Fomo had already developed a substantial trading business on Solana before the Cashtag announcement.<\/p>\n<p>An October 17 <a href=\"https:\/\/bitquery.io\/investigations\/fomo-app-traders-lose-money\" target=\"_blank\">on-chain investigation<\/a> by blockchain analytics company Bitquery examined transactions involving 829,539 wallets that purchased Solana tokens through the application between January 13 and October 7, 2026.<\/p>\n<p>The research found that approximately 90% of those wallets had recorded losses after fees, with a median loss of $25 per wallet.<\/p>\n<p>According to Bitquery, fomo collected approximately $40 million in fees from Solana trading activity during the period, equivalent to roughly 0.5% of the value traded by users.<\/p>\n<p>The analysis found substantial differences between early buyers and traders who entered popular tokens later.<\/p>\n<p>Among tokens attracting at least 1,000 buyers, the first 10 purchasers recorded returns equivalent to 71% of their spending, while buyers entering after the first 1,000 collectively lost 11% of the amount they spent.<\/p>\n<p>Fomo\u2019s September fee revenue from Solana transactions alone reached $12.8 million, according to the investigation.<\/p>\n<p>The research covered Solana activity specifically, although fomo supports trading across other blockchain networks, including Base and BNB Chain.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p><\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/crypto.news\/solana-tokens-can-now-be-traded-through-x-cashtags-using-fomo\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Solana has introduced a new trading feature that allows X users to buy and sell Solana-based tokens through the fomo trading app directly from Cashtags displayed on the social media platform. Summary Solana has introduced token trading through X Cashtags using fomo, allowing users to access live market data and initiate trades with a single [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":25140,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"tdm_status":"","tdm_grid_status":"","footnotes":""},"categories":[23],"tags":[],"kronos_expire_date":[],"class_list":["post-25139","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto"],"_links":{"self":[{"href":"https:\/\/cryptoted.net\/index.php\/wp-json\/wp\/v2\/posts\/25139","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cryptoted.net\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cryptoted.net\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cryptoted.net\/index.php\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/cryptoted.net\/index.php\/wp-json\/wp\/v2\/comments?post=25139"}],"version-history":[{"count":0,"href":"https:\/\/cryptoted.net\/index.php\/wp-json\/wp\/v2\/posts\/25139\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cryptoted.net\/index.php\/wp-json\/wp\/v2\/media\/25140"}],"wp:attachment":[{"href":"https:\/\/cryptoted.net\/index.php\/wp-json\/wp\/v2\/media?parent=25139"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cryptoted.net\/index.php\/wp-json\/wp\/v2\/categories?post=25139"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cryptoted.net\/index.php\/wp-json\/wp\/v2\/tags?post=25139"},{"taxonomy":"kronos_expire_date","embeddable":true,"href":"https:\/\/cryptoted.net\/index.php\/wp-json\/wp\/v2\/kronos_expire_date?post=25139"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}