Solana (SOL) Meme Coins Are Soaring — WIF, Popcat and Others Could Deliver Huge Returns

Solana meme coins are at the forefront of the ongoing crypto bull market, with the sector's cumulative market capitalization surpassing the $13 billion mark today.

Solana meme coins have been at the forefront of the ongoing crypto bull market, with the sector’s cumulative market capitalization surpassing the $13 billion mark today.

Smart money investors continue to view meme coins as beta bets on their respective blockchains. As a result, Solana meme coins are benefiting substantially from SOL’s recent rally and its bullish prospects.

Among the blue chips, Dogwifhat, Popcat and Fartcoin have established themselves as the top performers.

However, mid caps like Moo Deng, Peanut the Squirrel and Just A Chill Guy, as well as low caps like Solaxy are in high demand as well and could deliver outsized returns.Solana Meme Coins Soar — How High Can WIF, Popcat And Others Go?

Solana continues to be one of the strongest majors in the crypto market. After trading as low as $95 on April 7th, the SOL price has appreciated by 90% to trade as high as $180.

SOL’s bullish strength has provided a major boost to Solana meme coins.

For instance, Dogwifhat is once again trading as a beta bet on SOL, showing a strong correlation with it. Since its local bottom on April 7th, WIF has rallied by more than 220% in just over a month.

And yet, WIF is trading 81% below its all-time high, making it one of the best Solana meme coins to buy.

Experts believe that not only is a new all-time high imminent, Dogwifhat could potentially hit the $10 billion mark in the coming months.

Similarly, Popcat has established itself as one of the top-performing Solana meme coins on the market, with its price appreciating by nearly 150% in a month.

Popular analyst Solber Invest projects that the POPCAT price could surge to $1.3 in the mid-term, which would nearly be a 3x rally for new buyers.

The popular cat-themed Solana meme coin recently fell below a rising wedge and could retest the $0.41 support, which could be an excellent buying opportunity for sidelined investors.

Besides the blue chips, mid caps are also soaring. Peanut the Squirrel is up by nearly 150% over the past week, while Goatseus Maximus and Moo Deng have surged by 138% and 326% respectively.

Prominent analyst Altcoin Sherpa isn’t buying these coins at the current levels. Instead, he is waiting for a retestate of the 0.382 Fibonacci level, which would mean $0.10 for Moo Deng and 0.30 for PNUT.targeting the .382 fib on all the recent big meme movers; don’t expect them to go back to ATH on this first go or anything but should be good for a bounce regardless

since ppl are dumb and want to ask targets: aka $0.10 for #moodeng $0.06 for #chillguy $0.30 for #pnut— Altcoin Sherpa (@AltcoinSherpa) May 11, 2025

Could Solaxy Be The Next 20x Solana Meme Coin?

Sidelined investors are hunting for low-cap Solana meme coins, considering these can offer anywhere between 10x to 100x returns.

Solaxy (SOLX), the first prominent Solana layer-2 scaling solution, has emerged as a standout choice. Behind strong whale demand, the SOLX presale has already raised over $34 million in short order.

Unlike most new meme coins, Solaxy could establish itself as a long-term investment and an integral part of the Solana ecosystem.

While Solana is typically a fast and cheap blockchain, it struggles with scalability issues during periods of heavy traffic. During previous bull markets, a significant portion of SOL transactions failed or saw high trading fees.

Solaxy’s layer-2 scaling solution — which includes ZK-rollups, a multi-chain bridge and data availability tools — will ensure low-latency transactions, zero downtime and high scalability.

Unsurprisingly, whales are bullish on SOLX’s upside potential and continue to pour six-figure investments. Just this week, a whale invested $200k into it, which explains its strong presale performance.

Prominent analysts and influencers are bullish as well, with many viewing it as a 20x Solana meme coin.