#SolanaSurge The return of liquidity to Solana presents a marked contrast with the recent challenges of the network. Following the memecoin LIBRA scandal in Argentina, which involved President Javier Milei, Solana saw investors move 485 million dollars to other blockchains such as Ethereum and BNB Chain.

The current influx of liquidity to Solana coincides with the return of double-digit price rallies of memecoins, as POPCAT, FARTCOIN, BONK, and WIF rose by 79%, 51%, 25%, and 21%, respectively, in the last seven days.

However, further analysis shows that the total fees generated for March were just below 46 million dollars. To put it in context, Solana's fees peaked at over 400 million dollars in January 2025. Currently, the total fees generated for the month of April are approximately 22 million dollars.