Solana-Based V2EX Token Hits $6.6M Market Cap After V2EX Wallet Integration

In Brief:

V2EX token briefly hit a $6.6M market cap after Solana wallet login was added to the V2EX website.

Founder Livid holds 75% of the supply and has not sold; circulating supply remains at 25%.

The on-chain token $V2EX, tied to the long-running Chinese programmer forum V2EX, reached a new milestone on July 8, briefly surpassing $6.6 million in market capitalization before stabilizing at $6.1 million. Daily trading volume topped $6.2 million, according to data from GMGN.

The token was quietly launched nine months ago by Livid, the founder of the V2EX platform, primarily to experiment with Pump.fun. However, its formal debut into external markets was triggered by a functional update: the V2EX website added Solana wallet login support, which required on-chain address visibility. This move inadvertently sparked user interest, filling the internal market and pushing the token into wider circulation.

Livid confirmed that he personally holds 75% of the total supply and has not sold any tokens. Only 25% of the supply is currently circulating on the market.

While the token was originally meant as a technical test, its unexpected momentum signals a potential shift toward integrating on-chain activity with online community identities—a trend gaining traction in the Solana ecosystem.

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