Solana’s meme coins are having a moment, and they’re not just playing around. They’re actually gaining serious ground, even challenging the big names like Dogecoin and Cardano.
The Solana Meme Coin Surge
Over the past year, tons of meme coins have been popping up on Solana, especially after the network bounced back from a rough patch. Right now, the total value of all Solana meme coins is over $11 billion, and it’s growing fast.
Who’s Leading the Pack?
- DogWifHat (WIF):
This is the biggest meme coin on Solana, worth over $2.8 billion. It’s been on a roll lately, gaining value every week. - Bonk and Popcat: These are also huge players, with market values over $1 billion.
These aren’t the only ones making waves. Other top performers include Brett (on the Base network), Pepe, and Floki. Even on Ethereum, Neiro is making a splash, breaking into the top 10 meme coins.
Cardano’s Challenge
All this meme coin action is putting pressure on Cardano (ADA). Cardano’s market value is currently $12.4 billion, but it’s been struggling lately. On October 14th, a big chunk of ADA will be released to investors, which could further impact its price.
Will Solana’s Meme Coins Flip Cardano?
It’s definitely possible. If Solana keeps growing, and its meme coins continue to gain popularity, they could overtake Cardano in market value. It’s a close race, and it’ll be interesting to see who comes out on top.
