🚀 Solana’s Surge Ignites Memecoin Mania!
SOL soared to $167 on Friday — its highest since May 29 — backed by explosive volume and network expansion. 🔥
📊 Key On-Chain Highlights:
• 🔹 Transactions ↑ 32%
• 🔹 Active addresses ↑ 5.3%
• 🔹 Network fees ↑ 44% to $7.68M
• 🧾 2.1B+ transactions in 30 days — beating Ethereum, BNB Chain, and Polygon
⸻
🐸 Memecoins Follow the Moonshot:
As Solana rallied, memecoins on the network went wild:
• 🐧 $PENGU: +48.2%
• 🐶 Bonk: +33.9%
• 🐿️ Peanut the Squirrel & 😼 Popcat: +21%+
• 🐐 Goatseus Maximus: +27%
• 🎩 Dogwifhat: +13.6%
• 🇺🇸 Official Trump Coin: +11.8%
⸻
💸 ETF Demand Surges:
Investors are also turning to Solana ETFs:
• 💰 $78M in net inflows over the past month
• 📈 REX-Osprey SOL + Staking ETF (SSK) alone drew $41M since launching on July 2
⸻
💥 Platform Power: Pump.fun Explosion
🚨 Pump.fun, a Solana-based memecoin launchpad, raised $600M in 12 minutes during its ICO — a massive signal of market appetite and ecosystem confidence.