Solana tokens can now be traded through X Cashtags using fomo

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. Solana has introduced token trading through X Cashtags using fomo, allowing users to access live market data and initiate trades with a single tap. The integration builds on Solana's existing market data features on X, which have allowed users to view cryptocurrency prices and charts since April. Fomo handles the trading process through its application, while X Cashtags provide users with access to supported Solana tokens. 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.