$SOL Potential positive effects

Increased interest: Meme coins attract a lot of new investors to the Solana network, which increases trading volume and traffic within the network.

Community expansion: These coins contribute to the expansion of the Solana community, attracting a new audience of young people and regular users.

Infrastructure development: The increasing demand for meme coins may drive the development of the Solana network’s infrastructure, making it more efficient and capable of handling large loads.

Innovation of new projects: The success of some meme coins may encourage the emergence of new and innovative projects on the Solana network.

Potential negative effects

Extreme volatility: Meme coins are characterized by extreme price volatility, which may lead to market instability and scare some investors.

Price bubbles: Large price bubbles may form around some meme coins, which may lead to their sudden collapse and cause significant losses for investors.

Distraction of attention: The focus on meme coins may distract attention from the core and long-term projects on the Solana network.

Increased network pressure: The high demand for meme coins may increase pressure on the Solana network, which may lead to higher fees and slower transactions.