Solana tokens become tradable through X Cashtags and fomo

The integration connects X’s Cashtag interface to fomo, an external social trading app. Users select a supported token’s Cashtag to view market information and proceed to fomo to buy or sell. X does not operate the exchange or settle transactions; fomo handles trading. Solana’s announcement did not detail supported trading pairs, geographic availability or fees.

The feature builds on X’s interactive Cashtags, introduced for iPhone users in the US and Canada in April. They provide live charts and market discussions, and can identify cryptocurrencies by smart contract address to distinguish tokens with similar names or ticker symbols. That rollout also included a trading connection with Canadian financial services platform Wealthsimple for eligible users. The new integration makes fomo a destination for trading Solana tokens found through Cashtags.

The announcement comes after fomo recorded substantial Solana trading activity. A Bitquery investigation published October 17 examined 829,539 wallets that bought Solana tokens through the app between January 13 and October 7, 2026. About 90% had losses after fees, with a median loss of $25 per wallet, the firm found. It estimated fomo collected about $40 million in fees over the period, roughly 0.5% of the value traded. September fees from Solana transactions alone reached $12.8 million.

Bitquery also found sharply different outcomes by entry point: among tokens with at least 1,000 buyers, the first 10 purchasers recorded returns equal to 71% of their spending, while buyers who entered after the first 1,000 collectively lost 11% of what they spent. The analysis covered Solana activity; fomo also supports Base and BNB Chain.