Solana 與 Base：Memecoin 競技場

Solana 成為本週期寵兒 L1 的關鍵因素是其 memecoin 活動。空投帶來的內部資本激增推動

Solana has emerged as the epicenter of memecoin activity this cycle, thanks to a combination of technological advancements, lucrative airdrops, and a thriving community. Memecoins, once dismissed as a frivolous asset class, have now become a viable alternative to low-float, high-FDV tokens that offer limited upside potential for retail traders.

由於技術進步、利潤豐厚的空投和繁榮的社區的結合，Solana 已成為本週期 memecoin 活動的中心。 Memecoin 曾經被視為一種無聊的資產類別，現在已成為低流通量、高 FDV 代幣的可行替代品，這些代幣為零售交易者提供的上行潛力有限。

As the dust settles from the initial memecoin boom on Ethereum, a mass exodus of projects and capital has occurred towards L2s like Arbitrum and Base. Base, in particular, has garnered significant attention as a potential hub for memecoins, given Coinbase's incubation efforts and the L2's low fees and fast transactions. However, despite the buzz surrounding Base, Solana continues to dominate memecoin activity and capital flows.

隨著以太坊上最初的 memecoin 熱潮塵埃落定，大量項目和資本開始流向 Arbitrum 和 Base 等 L2。鑑於 Coinbase 的孵化努力以及 L2 的低費用和快速交易，Base 作為模因幣的潛在中心而受到了極大的關注。然而，儘管 Base 引起了熱議，但 Solana 仍然主導著 memecoin 活動和資本流動。

In this analysis, we'll delve into the current state of memecoins on Solana and Base, examining their capital flows, leading projects, and the factors that contribute to Solana's status as the memecoin capital. We'll also assess Base's strengths and weaknesses in this arena and explore its potential to compete with Solana.

在本次分析中，我們將深入研究 Solana 和 Base 上 memecoin 的現狀，研究它們的資本流動、領先專案以及促成 Solana 作為 memecoin 資本地位的因素。我們還將評估 Base 在這一領域的優勢和劣勢，並探索其與 Solana 競爭的潛力。

Solana: The Memecoin Capital

Solana：Memecoin 之都

A key factor in Solana's rise as the darling L1 of this cycle has been its memecoin activity, which has reached new heights of absurdity and capital creation. Fueled by an internal capital surge from airdrops like Jito, Jupiter, Kamino, Parcl, and Tensor, memecoins have dropped and reached $1B market caps within a week - a spectacular achievement and excellent marketing campaign for a chain that's now pushing a TVL above $4.8B.

Solana 崛起為這一周期的寵兒 L1 的一個關鍵因素是它的 memecoin 活動，它已經達到了荒謬和資本創造的新高度。在Jito、Jupiter、Kamino、Parcl 和Tensor 等空投帶來的內部資本激增的推動下，memecoin 的市值在一周內就下跌並達到10 億美元——對於一家目前將TVL 推高至4.8 美元以上的連鎖店來說，這是一項了不起的成就和出色的行銷活動B.

Solana can owe a sizable amount of its narrative momentum to memecoin fever, evident in the activity on pump.fun, a popular memecoin launcher, which on some days has accounted for 83% of all tokens launched and even flipped Solana in 24hr revenue. This success, though, wouldn’t have been possible if the network hadn't already had such a strong memecoin arena featuring main character tokens like WIF, BONK, and BODEN, to name a few.

Solana 的敘事動力在很大程度上要歸功於memecoin 熱潮，這一點在受歡迎的memecoin 啟動器Pump.fun 上的活動中就可見一斑，該啟動器在某些日子敵占到了所有已發行代幣的83%，甚至在24 小時收入中超越了Solana。然而，如果網路還沒有擁有如此強大的 memecoin 競技場，以 WIF、BONK 和 BODEN 等主要角色代幣為特色，那麼這種成功是不可能實現的。

Broadly, Solana not only boasts the most prominent memecoins of the cycle but also a thematic range of tokens, from dogs and cats to politicians. Some of the most well-known memecoins on Solana include:

總的來說，Solana 不僅擁有該週期中最著名的迷因幣，還擁有一系列主題代幣，從狗、貓到政客。 Solana 上一些最著名的模因幣包括：

BONK (BONK): The original dog coin on Solana, known for its massive airdrop and role in sparking the Solana memecoin mania.

BONK (BONK)：Solana 上的原始狗幣，以其大規模空投和引發 Solana memecoin 狂熱而聞名。

WIFEDOGE (WIF): A memecoin that spawned an entire sub-ecosystem of tokens and became one of the best performing tokens of 2023.

WIFEDOGE (WIF)：一種迷因幣，催生了整個代幣子生態系統，並成為 2023 年表現最佳的代幣之一。

BODEN (BODEN): A memecoin that rallied over 100x after being featured in a Chainlink integration and quickly became one of the largest memecoins on Solana.

BODEN (BODEN)：一種 memecoin 在 Chainlink 整合後上漲了 100 倍以上，並迅速成為 Solana 上最大的 memecoin 之一。

SHIBA INU (SHIB): The dog coin that became a top 20 cryptocurrency in 2023 after being listed on Solana and quickly became one of the largest memecoins.

SHIBA INU (SHIB)：這種狗幣在 Solana 上市後，於 2023 年成為前 20 名加密貨幣，並迅速成為最大的 memecoin 之一。

AKITA INU (AKITA): Another dog coin that was among the first to be listed on Solana and quickly became one of the largest memecoins on the chain.

AKITA INU (AKITA)：另一種狗幣，最早在 Solana 上上市，並迅速成為鏈上最大的迷因幣之一。

These tokens have not only generated substantial wealth for early participants but also played a crucial role in shaping Solana's narrative and attracting new users to the ecosystem. Notably, several memecoins on Solana are now planning to integrate Chainlink price feeds, which could further boost their visibility and credibility among traders.

這些代幣不僅為早期參與者創造了巨額財富，而且在塑造 Solana 的敘事和吸引新用戶加入生態系統方面發揮了至關重要的作用。值得注意的是，Solana 上的幾種 memecoin 現在正計劃整合 Chainlink 價格源，這可以進一步提高它們在交易者中的知名度和可信度。

Base: The L2 Memecoin Scene

基礎：L2 Memecoin 場景

Base has quickly risen to find its footing as one of Ethereum's top L2s with its memecoin ecosystem helping it achieve a consumer-friendly reputation. Projects like DEGEN and friend.tech have brought the network consistent activity and established a culture for Base as a social hub. That said, while March saw an epic rally in the network's TVL, it looks to have plateaued in recent weeks. While Base's TVL is still a far cry from Solana's, its daily volumes are impressive. Last week, the network hit a record $854M in one-day volumes.

Base 迅速崛起，成為以太坊頂級 L2 之一，其 memecoin 生態系統幫助其贏得了消費者友好的聲譽。 DEGEN 和friend.tech 等計畫為網路帶來了一致的活動，並為 Base 建立了一種作為社交中心的文化。儘管如此，雖然 3 月該網絡的 TVL 出現了史詩般的反彈，但最近幾週似乎趨於穩定。雖然 Base 的 TVL 與 Solana 仍有很大差距，但其每日交易量令人印象深刻。上週，該網路的單日交易量達到創紀錄的 8.54 億美元。

While the BALD rug of 2023 may have left an initial sour taste in the mouths of memecoin gamblers, the ecosystem has developed more momentum in more recent memecoin cycles, though it's still the Wild West. Some of the leading memecoins on Base include:

雖然 2023 年的禿頭地毯可能給 memecoin 賭徒留下了最初的酸味，但該生態系統在最近的 memecoin 週期中已經發展出更多動力，儘管它仍然是狂野的西部。 Base 上一些領先的模因幣包括：

DEGEN (DEGEN): A memecoin that quickly became one of the largest on Base L2 and spawned an entire sub-ecosystem of tokens.

DEGEN (DEGEN)：一種迷因幣，很快就成為 Base L2 上最大的迷因幣之一，並催生了整個代幣子生態系統。

BALD (BALD): A memecoin that was rugged shortly after its launch and caused a lot of drama within the Base community.

BALD（禿頭）：一種迷因幣，在推出後不久就表現不佳，並在 Base 社群內引起了很大的轟動。

BRETT (BRETT): A memecoin that was created by Brett Harrison and quickly became one of the largest on Base L2.

BRETT (BRETT)：由 Brett Harrison 創建的迷因幣，並迅速成為 Base L2 上最大的迷因幣之一。

FREN (FREN): A memecoin that was created by friends and quickly became one of the largest

FREN（FREN）：由朋友創建的迷因幣，並迅速成為最大的迷因幣之一