Solana 与 Base：Memecoin 竞技场

Solana 成为本周期宠儿 L1 的一个关键因素是其 memecoin 活动。空投带来的内部资本激增推动

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.

由于技术进步、利润丰厚的空投和繁荣的社区的结合，Solana 已成为本周期 memecoin 活动的中心。 Memecoin 曾经被视为一种无聊的资产类别，现在已成为低流通量、高 FDV 代币的可行替代品，这些代币为零售交易者提供的上行潜力有限。

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.

随着以太坊上最初的 memecoin 热潮尘埃落定，大量项目和资本开始流向 Arbitrum 和 Base 等 L2。鉴于 Coinbase 的孵化努力以及 L2 的低费用和快速交易，Base 作为模因币的潜在中心而受到了极大的关注。然而，尽管 Base 引起了热议，但 Solana 仍然主导着 memecoin 活动和资本流动。

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，我们将深入研究 Solana 和 Base 上 memecoin 的现状，研究它们的资本流动、领先项目以及促成 Solana 作为 memecoin 资本地位的因素。我们还将评估 Base 在这一领域的优势和劣势，并探索其与 Solana 竞争的潜力。

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 崛起为这一周期的宠儿 L1 的一个关键因素是它的 memecoin 活动，它已经达到了荒谬和资本创造的新高度。在 Jito、Jupiter、Kamino、Parcl 和 Tensor 等空投带来的内部资本激增的推动下，memecoin 的市值在一周内就下跌并达到 10 亿美元——对于一家目前将 TVL 推高至 4.8 美元以上的连锁店来说，这是一项了不起的成就和出色的营销活动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 的叙事动力在很大程度上要归功于 memecoin 热潮，这一点在受欢迎的 memecoin 启动器 Pump.fun 上的活动中就可见一斑，该启动器在某些日子里占到了所有已发行代币的 83%，甚至在 24 小时收入中超越了 Solana。然而，如果网络还没有拥有如此强大的 memecoin 竞技场，以 WIF、BONK 和 BODEN 等主要角色代币为特色，那么这种成功是不可能实现的。

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:

总的来说，Solana 不仅拥有该周期中最著名的模因币，还拥有一系列主题代币，从狗、猫到政客。 Solana 上一些最著名的模因币包括：

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

BONK (BONK)：Solana 上的原始狗币，以其大规模空投和引发 Solana memecoin 狂热而闻名。

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

WIFEDOGE (WIF)：一种模因币，催生了整个代币子生态系统，并成为 2023 年表现最佳的代币之一。

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)：一种 memecoin 在 Chainlink 集成后上涨了 100 倍以上，并迅速成为 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)：这种狗币在 Solana 上市后，于 2023 年成为前 20 名加密货币，并迅速成为最大的 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)：另一种狗币，最早在 Solana 上上市，并迅速成为链上最大的模因币之一。

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.

这些代币不仅为早期参与者创造了巨额财富，而且在塑造 Solana 的叙事和吸引新用户加入生态系统方面发挥了至关重要的作用。值得注意的是，Solana 上的几种 memecoin 现在正计划整合 Chainlink 价格源，这可以进一步提高它们在交易者中的知名度和可信度。

Base: The L2 Memecoin Scene

基础：L2 Memecoin 场景

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，成为以太坊顶级 L2 之一，其 memecoin 生态系统帮助其赢得了消费者友好的声誉。 DEGEN 和friend.tech 等项目为网络带来了一致的活动，并为 Base 建立了一种作为社交中心的文化。尽管如此，虽然 3 月份该网络的 TVL 出现了史诗般的反弹，但最近几周似乎已趋于稳定。虽然 Base 的 TVL 与 Solana 仍有很大差距，但其每日交易量令人印象深刻。上周，该网络的单日交易量达到创纪录的 8.54 亿美元。

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:

虽然 2023 年的秃头地毯可能给 memecoin 赌徒留下了最初的酸味，但该生态系统在最近的 memecoin 周期中已经发展出更多动力，尽管它仍然是狂野的西部。 Base 上一些领先的模因币包括：

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

DEGEN (DEGEN)：一种模因币，很快成为 Base L2 上最大的模因币之一，并催生了整个代币子生态系统。

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

BALD（秃头）：一种模因币，在推出后不久就表现不佳，并在 Base 社区内引起了很大的轰动。

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

BRETT (BRETT)：一种由 Brett Harrison 创建的模因币，并迅速成为 Base L2 上最大的模因币之一。

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

FREN（FREN）：由朋友创建的模因币，并迅速成为最大的模因币之一