In early 2025, Solana, a Layer-1 blockchain network, gained attention due to meme coins. The launch of Donald Trump's TRUMP meme coin on January 17 led to increased network activity and demand, reminiscent of the 2021 bull market. While these assets boosted Solana's popularity, they also raised concerns about the network's sustainability. Solana's fast transactions and DeFi infrastructure make it a preferred platform for meme coin launches. The launch of TRUMP and MELANIA meme coins further fueled trading activity and user engagement on Solana. However, the hype eventually waned, causing a decline in daily active addresses, DEX volume, and SOL's price. Despite the initial surge in network activity, Solana's long-term value lies in its broader ecosystem fundamentals, such as DeFi and developer activity. The network's future success may extend beyond meme coins to sustainable value creation in various sectors like DeFi, gaming, and social finance. Read more AI-generated news on: https://app.chaingpt.org/news