Solana Meme Economy: The Culture That Drives Billions In Volume – Here’s How
Solana meme economy has evolved into one of the most explosive forces in crypto, and the community is now moving billions in daily trading volume. The culture surrounding SOL’s meme coins has become a foundational driver of its network activity, liquidity, and overall market dominance in decentralized exchange (DEX) trading. How Meme Liquidity Fuels Solana’s Growth Crypto analyst known as BagCalls on X has pointed out that the memecoin menia and Degen energy culture of Solana is what defines the project. This is where the project SolsticeFi steps in, and it’s building a native....
Related News
A fresh wave of on-chain activity shows billions of Shiba Inu (SHIB) tokens shifting hands through a major market maker. This large-scale transfer points to behind-the-scenes moves that could redefine how SHIB is positioned in the market, underscoring the meme coin’s continued presence among high-volume players. Wintermute Moves Billions Of SHIB To Exchange Shiba Inu […]
Who doesn’t love a good meme? Here’s how DOGE, SHIB and other meme tokens are tugging crypto’s leash toward mass adoption. 2021 has been a breakout year for the cryptocurrency sector, as the passage of the first Bitcoin (BTC) exchange-traded fund (ETF) is a sign that crypto is becoming more mainstream and has the potential to lead to an increase in investors’ exposure to BTC.The influx of new participants into the market throughout the year has had a profound impact on the overall culture of the crypto ecosystem. Ideas of privacy and a secure store of value have been overshadowed by the....
What to Know: $SOL sees mid-term holder supply drop as market uncertainty rattles Solana. The token has strong support $184, and aims for a breakout above $192. The $54B meme coin market and Solana’s vibrant meme coin economy could send $SNORT and $SOL soaring when the mood turns positive. Solana (SOL) has quietly positioned itself for a potentially significant rally – and its ecosystem of meme coins may be the catalyst. With $SOL hovering around $184, the coin is perched just above a critical support level and eyeing a breakout trigger near $192. As $SOL sits at a crucial point, will....
Solana’s bridges have recorded insane volumes ($10B+) since 2021, but their performance over the last 3-4 months has been particularly breathtaking. Although the total volume increased by a massive 114% in the last year (i.e., since February 2024, when it was just $4.7B), the months of November, December, and January recorded $6B in inbound volume just between them. The most bridged asset in the Solana ecosystem was $USDC, with an all-time inbound volume of $3.9B. It was followed by $ETH, which registered nearly $2B. It’s worth noting, however, that it’s not just the....
Solana is evolving faster than most market participants realize, and it has been celebrated for its blistering speed and low transaction costs. The BIT narrative movement within the SOL ecosystem is quietly driving a core evolution of the platform, cementing the network’s position as a leading blockchain. How BIT Is Reshaping The Solana Infrastructure BIT is quietly becoming one of Solana’s most underrated narratives right now. An analyst known as CryptoDoc has revealed on X that Bitdealernet is building an asset-backed meme launchpad, where every token launch on their platform is....