#MemecoinSentiment Surge Ignites Memecoin Mania! 🚀
Solana soared to $167 on Friday, its highest since May 29, fueled by massive trading volume & network growth. 🔥
Key metrics showed:
🔹 Transactions up 32%
🔹 Active addresses up 5.3%
🔹 Fees rose 44%, reaching $7.68M 🏆
With over 2.1B transactions in the last 30 days, Solana outpaced Ethereum, BNB Chain & Polygon.
As Solana climbed, memecoins followed suit. 📈 PENGU jumped 48.2%, Bonk surged 33.9%, and Peanut the Squirrel & Popcat both rose 21%+. 🐒🐱
🔹 Goatseus Maximus: +27%
🔹 Dogwifhat: +13.6%
🔹 Official Trump Coin: +11.8%
Investor interest in Solana ETFs also grew, with $78M in inflows over the last month. 💰
REX-Osprey SOL + Staking ETF (SSK) alone attracted $41M since launching on July 2. 🚀
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 Solana’s ecosystem. 🌐
With Solana’s rally sparking a memecoin frenzy, both the coin and its meme assets continue to capture the crypto world’s attention. 💥
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