The Solana ecosystem is catching fire again – $SOL is up 5% this week, and Fartcoin has gained 7.8% today

The Solana ecosystem is catching fire again – $SOL is up 5% this week, and Fartcoin has gained 7.8% today. Bitcoin is setting a bullish outlook for the broader crypto market today

Solana ecosystem is catching fire again – $SOL is up 5% this week and Fartcoin has gained 7.8% today.

Bitcoin is setting a bullish outlook for the broader crypto market today as its price cruises past $87K, and this is pushing investors to Solana, a chain known for its high-risk, high-reward plays.

Over 80 million people have used Solana this month, and 3.9 million today, that’s more than any other blockchain. The network has also generated more weekly trading volume than rival chains such as BNB Chain and Ethereum.

Within the Solana ecosystem, meme coins are the assets that command the most interest, as evidenced by Fartcoin’s 7.8% rise.

With that in mind, what are the best Solana meme coins to buy now?

There are thousands of meme coins on Solana, so choosing which to buy can be overwhelming. This is why Solaxy might be a smart choice. It’s building Solana’s first-ever layer 2 blockchain, aiming to cut fees and increase speeds compared to the Solana layer 1 network.

It will use off-chain computation and transaction bundling technology to handle some of Solana’s workload with increased scalability, eradicating the network’s congestion issue.

Through these heightened transactional capabilities, Solaxy aims to create a new home for meme coins within the ecosystem.

While Solana fees are relatively low, the high frequency of meme coin trading means they can quickly add up. As a result, most traders will prefer to transact on the Solaxy layer.

The project is undergoing a presale where it has raised over $30 million, making it the biggest Solana ICO. This early demand signals that $SOLX could explode once it hits exchanges.

SPX6900 is a meme coin that is poking fun at the US stock market index, S&P 500.

SPX6900’s website says that the traditional stock market is “boring” and alludes that it’s not a suitable investment vehicle for the fast-paced digital age. It presents SPX6900 as a fitting, memetic alternative.

One of the project’s core strengths is its loyal, cult-like community. Even during the recent market crash, when most meme coins were down 80-90%, the SPX6900 community didn’t panic.

They continued to “bull post” about the project on X, and in the past 24 hours, it’s one of the best-performing meme coins.

SPX6900 has gained 8% today, outpacing top Solana meme coins OFFICIAL Trump, Bonk, and Dogwifhat.

If recent momentum is any indication, SPX6900 could continue to see disproportionate gains in the coming months.

Pudgy Penguins is another Solana meme coin that is performing well. It has gained 5.7%, making it the third-best top ten meme coin behind Fartcoin and SPX6900.

What separates Pudgy Penguins from other meme coins is its rich history. The project launched as an NFT collection in 2021, then expanded into other markets such as real-world toys.

And then, the Pudgy Penguins meme coin launched in November 2024, aiming to capitalize on the rapidly growing appetite for joke tokens.

Pudgy Penguins has long been a top NFT collection, providing a bedrock community for its meme coin. The meme coin also launched with a huge airdrop, which rewarded Pudgy Penguins NFT holders alongside Solana users. This pleased many community members and bolstered the project’s visibility.

The project’s track record and strong community have helped it outperform the market today and will likely continue to do so in the coming months.

Cat in a dog’s world is a mid-cap Solana meme coin that is showing considerable strength. It has gained 5% in the past 24 hours and 4% this week.

This comes at a time when most meme coins, including Dogecoin and Shiba Inu, are in the red this week, illustrating that $MEW is receiving a lot of attention right now.

There are other cat-themed meme coins on Solana, such as Popcat. However, cat in a dog’s world differentiates itself with a comic book story on its website, which depicts a cat hero taking any means necessary to survive in a dystopian world ruled by dogs.

It satirically represents the meme coin landscape, in which dog-themed tokens have long ruled the chain, and cat-themed tokens have received little attention. According to the project’s website, it’s time for this to change.