Any Solana token can now be traded on fomo directly from a cashtag on X. fomo announced the route on 10 November 2026 with one line: "Tap the cashtag, trade it on fomo. Available for all @solana tokens." Fifteen minutes later the official Solana account posted that users can "trade any Solana token on @fomo directly from X Cashtags," seeing live market data and trading "in a single tap."
The change widens what X's Trade button reaches. When X opened cashtag trading to US users in September, the button sent people to five partners: Coinbase, Kraken, Gemini, Interactive Brokers and Moomoo, according to TechCrunch. Those are regulated exchanges and brokers with curated lists; Gemini, for example, offered five cryptocurrencies at launch, SOL among them. The fomo route covers the whole Solana token list, long-tail memecoins included, and hands the trade to a self-custodial trading app instead of an exchange account.
How trading a Solana token from an X cashtag works on fomo
A user taps a Solana token's cashtag on X, sees live market data for it, and continues into fomo to place the trade. fomo executes the order and X does not operate the exchange or settle the transaction, crypto.news reported. That matches how the September program works with the brokerages, where each partner handles its own accounts and execution, per TechCrunch.
Custody works differently too. fomo says its wallets are non-custodial, The Defiant reported, meaning the user controls the funds. And "all Solana tokens" is a long list that keeps growing, because on Solana anyone can put a new token on-chain without writing code. The same Trade button that offers SOL through Coinbase can now reach a token launched that morning.
fomo's rise on Solana before the X Cashtags route
fomo is a consumer trading app that overtook Axiom as Solana's top daily trading terminal by volume in August, as we reported at the time. Later that month fomo bought Mobula's on-chain data technology and brought three of its engineers into the team.
The X route gives fomo a trade path that starts from any Solana token's cashtag in a post on X. Solana's post says the live market data a user sees on that cashtag is powered by Solana, so the chart and the trade both trace back to the same network.
What Bitquery's data shows about fomo traders on Solana
Bitquery's October study shows how fomo traders on Solana have fared so far. The blockchain data provider analysed 829,539 Solana wallets that traded through fomo between 13 January and 7 October 2026. Bitquery found 15% of those wallets in profit before fees and 10% after fees, with a median loss of $25 once fees were counted.
Bitquery put fomo's fees on Solana at about $40 million over the period, roughly 0.5% of the value users traded. By Bitquery's count, fees made up around 10% of users' aggregate losses; the rest came from the tokens themselves. Gains were concentrated: the best-performing 1% of wallets took 94% of all winnings, and on coins with more than 1,000 fomo buyers, the first 10 buyers made 71% on what they spent while buyers after the 1,000th lost 11%.
Bitquery's figures cover Solana trades only, value unsold tokens at the last day's price and count wallets rather than people, since one person may run several. The study describes fomo's users before the X route existed.
What to watch as X Cashtag trading expands on Solana
Neither announcement states which regions or devices the fomo route covers. The September program launched for US users only, so the next thing to check is whether fomo's route follows that footprint or reaches X users elsewhere. The other open question is whether more Solana apps join fomo as Trade partners.
For Solana, the change puts a trade path for every token on the network one tap from a post on X, through the trading app that passed Axiom on daily volume in August.
