Solanaโs Surge Ignites Memecoin Mania! ๐
Solana soared to $167 on Friday, its highest since May 29, fueled by massive trading volume & network growth. ๐ฅ
Key metrics showed:
๐น Transactions up 32%
๐น Active addresses up 5.3%
๐น Fees rose 44%, reaching $7.68M ๐
With over 2.1B transactions in the last 30 days, Solana outpaced Ethereum, BNB Chain & Polygon.
As Solana climbed, memecoins followed suit. ๐ PENGU jumped 48.2%, Bonk surged 33.9%, and Peanut the Squirrel & Popcat both rose 21%+. ๐๐ฑ
๐น Goatseus Maximus: +27%
๐น Dogwifhat: +13.6%
๐น Official Trump Coin: +11.8%
Investor interest in Solana ETFs also grew, with $78M in inflows over the last month. ๐ฐ
REX-Osprey SOL + Staking ETF (SSK) alone attracted $41M since launching on July 2. ๐
In addition, Pump.fun, a Solana-based meme coin platform, raised a staggering $600M in just 12 minutes during its ICO, showing immense demand for Solanaโs ecosystem. ๐
With Solanaโs rally sparking a memecoin frenzy, both the coin and its meme assets continue to capture the crypto worldโs attention. ๐ฅ
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