Solana (SOL) outperformed its competitors among the top five during the past week, as the buzz surrounding Fartcoin led to increased trading volumes.
Solana (SOL) topped the five cryptocurrencies by market cap in terms of weekly gains, providing its investors with gains of 4.4% during this period, supported by a wave of enthusiasm for some meme coins. Some, like Fartcoin (FART) and Popcat (POPCAT), attracted significant investments that boosted their trading volumes on decentralized exchanges based on Solana last week, defying the bearish trend in the markets and providing their investors with gains exceeding 10% and reaching up to 100% in a short period.