News View Non-AMP

Solana Memecoin Triggers Frenzy as Traders Make 100x Profits; Altseason Soon?

Published by
Qadir AK

Mid last month, Franklin Templeton, one of the successful issuers of spot Bitcoin exchange-traded funds (ETF), posted that it was impressed by the Solana (SOL) on-chain performance ranging from its NFTs innovation, DeFi, and meme coins. With Solana’s price closing last year with more than 1,100 percent in gains, speculation on SOL-based meme coins has risen significantly.

At the forefront of this meme coin excitement is Bonk (BONK), reigning on the Solana network. Bonk has surged an incredible 100X in just a few months, boasting a market cap of $632 million and a daily trading volume averaging around $56 million. This surge closely follows the launch of the Jupiter ($JUP) ecosystem and its much-anticipated airdrop.

What can you expect next?

The Smell of Altseason is in the Air!

Solana’s meme revolution goes beyond humor; it’s a financial phenomenon. Wen ($WEN) exemplifies this with a volume-to-market cap ratio surpassing 190 percent, indicating insatiable demand. The excitement around meme coins is reaching new heights, fueled by the looming anticipation of altseason.

An impressive story highlights an investor turning $287 into a staggering $184,000 – a remarkable growth of 64,000 percent in a surprisingly short span. Reports suggest this savvy trader may have gained early insights as an early meme coin buyer, possibly privy to insider information from developers.

A Closer Look at PONKE

Another strong contender in Solana’s meme coin saga is PONKE. With a market cap around $19 million and a trading volume of approximately $7.2 million, PONKE is making waves.

This Might Interest You: Altcoins to Stack for 50x Gains This Season 

Qadir AK

Qadir Ak is the founder of Coinpedia. He has over a decade of experience writing about technology and has been covering the blockchain and cryptocurrency space since 2010. He has also interviewed a few prominent experts within the cryptocurrency space.

Recent Posts

Ethereum ETH Price Prediction 2025, 2026 – 2030: Will Ethereum Price Hit $3k?

Story Highlights The Ethereum price today is . ETH price with a potential surge could…

July 2, 2025

Crypto News Today, July 2nd : XRP News , Bitcoin Price Today, Microstrategy Stock and More

July 2, 2025 11:50:05 UTC Bitcoin Dominance Today Bitcoin dominance (BTC.D) still has room to…

July 2, 2025

Cardano’s Confidence Crisis, Will ADA Price Slip Below $0.52?

Cardano ended June 2025 on a disappointing note, registering a 16% decline despite positive ecosystem…

July 2, 2025

Bitcoin Price Today Reacts to Trump’s Pressure on Fed Chair Powell — What’s Next?

Bitcoin price today is trading at $107K, extending last week’s turbulence into July 2025. The…

July 2, 2025

US Treasury OFAC Sanctions Russian Firms Associated With Cybercrimes

Office of Foreign Assets Control (OFAC), a US Department of the Treasury, recently targeted a…

July 2, 2025

Sui Crypto Technology Rival Bitcoin Solaris Introduces Dual-Layer Blockchain for Instant Wealth Generation

In the crypto world, where speed and scalability are the holy grails, a new contender…

July 2, 2025