CoinGecko: Meme Coins Are #1 Trend in 2024, Solana Dominates

Meme coins owned the crypto spotlight in 2024, grabbing 31% of crypto-related search traffic, according to CoinGecko. That’s nearly one in three searches, showcasing their meteoric rise as the year’s top crypto narrative.  While $DOGE and $SHIB continue to lead with a combined market cap of $113 billion, the ecosystem has expanded to include a […]

During the last bull market, in what is popularly known as the Solana meme coin season, a number of new cryptocurrencies made their way to the forefront. These digital assets had gone from market caps in the tens of millions to cross the billion-dollar market cap, sometimes in only a matter of months. Due to their rapid growth rate, these meme coins have quickly garnered a wide holder base. However, as the bear market has rolled around, these billion-dollar meme coins have crashed by a large margin, completely eliminating the majority of their gains. POPCAT Meme Coin Goes From $2 Billion....

Solana, Solana, Solana – even while the market’s number-5 crypto came roaring back in 2024, the blockchain remains plagued with network failures and congestion. And now, with crypto degens spamming Pump.fun meme coins and the biggest of big-name promoters jumping into the space, those issues are getting worse. Savvy crypto users are already looking for […]

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....

A recent report highlighted three major reasons Solana (SOL) has struggled to keep pace with Ethereum (ETH), at least from a market performance perspective that goes beyond day-to-day price movements.  Market expert Dominic Basulto from The Motley Fool pointed to factors that, in his view, have shaped investor sentiment and affected Solana’s momentum in key areas. The Meme Coin Hangover One of the most important drivers, Basulto said, is how many investors still associate Solana with the meme coin craze of 2024. During that period, Solana became the preferred destination for people minting....