Solana-based Memecoins Gains 5% Today as SOL Price Rallies 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.