Solana-based Memecoins Gains 5% Today as SOL Price Rallies Above $200

Main Idea
Solana-based memecoins gained 5% in market capitalization, reaching $15.6 billion, driven by bullish sentiment and increased inflows, while SOL price rallied above $200.
Key Points
1. Solana-based memecoins added 5.1% in market capitalization, reaching $15.57 billion, with PENGU, BONK, MEW, WIF, and FARTCOIN leading gains.
2. Significant weekly inflows of $4.39 billion and a net cash inflow of $39 million boosted Solana's assets under management (AUM) to $1.83 billion.
3. The SEC is reviewing the Canary PENGU ETF, and the Pump.fun (PUMP) ICO sold out in 12 minutes, raising $500 million.
4. SOL price rallied over 22% in the past seven days, retesting $204, with technical indicators like MACD and RSI showing bullish signals.
5. Top Solana memecoins for traders include WIF, POPCAT, MOODENG, GIGA, and GOAT, among others.
Description
Solana-based memes added 5% in total valuation today to reach a market cap of $15.6 billion. PENGU and BONK have led the Solana-based memes in a bullish outlook. SOL price has little resistance to price discovery and may mirror XRP to a new all-time high. The rising calls for a 2025 altseason have increased the speculation for Solana (SOL)-based memecoins. In the past 24 hours, the Solana-based memecoins added 5.1% in market capitalization to hover about $15.57 billion on Tuesday, July 22. In th...
Latest News
- Ethereum Gains Favor as a Corporate Treasury Asset Beyond Bitcoin2025-07-22 17:27:07
- CoinDCX CEO Counters $44.2M Hack Fears Revealing $136 Million in Annual Revenue2025-07-22 16:24:12
- With 100 Million Crypto Users, Indian Exchanges Say It’s Time to Fix the Tax Laws2025-07-22 16:20:55
- Web3 Firm Hashed Emergent Drafts a Crypto Law It Hopes India Will Adopt2025-07-22 15:34:13
- Eric Trump’s Controversial ETH Prediction Ends Up in Profit2025-07-22 15:02:13