Solana is the new breeding ground for meme coins, deposing Ethereum of its title, with developers preferring the network’s faster transactions and near-zero fees.
According to 21Shares, the blockchain generated nearly $2.85 billion in revenue between October 2024 and September 2025. The meme coin mania was one of the main catalysts for this surge, as projects like BONK, WIF, and POPCAT expanded the boundaries of meme coin culture beyond classic brands like Dogecoin and Shiba Inu.
This article explores the best Solana meme coins right now, analyzing the top players and other emerging contenders to help you navigate this exciting but volatile market. This way, you will have a better understanding of meme coins the next time you buy crypto.
Why Are Meme Coins Exploding on Solana?
Ethereum has long been the favorite playground for meme coin creators. However, in recent years, it has lost much of its appeal to new blockchain networks, primarily due to network congestion, high fees, and low speeds.
Solana is among the best-positioned networks to take over the reins from Ethereum. The network is well-known for its lightning-fast operations, low fees, and a better overall user experience. These advantages, coupled with a vibrant community culture, convince many developers to launch their meme coins on Solana.
Another reason creators choose Solana is its ultra-fast block time, averaging 400 milliseconds (ms), according to Solana. This means that a new meme coin can be launched, traded, and explode in popularity within hours.
Solana makes it convenient for meme coin enthusiasts and retail investors to trade and hold digital coins. For example, the network uses wallets like Phantom, which provides multi-chain support, a user-friendly interface, built-in swapping and staking features, and robust security.
Lastly, meme coins are exploding on Solana because this network nurtures a fun, degen-friendly culture. Meme coins are more about vibrant, fun-loving communities than crypto profits. Strong meme coins often have a cult-like following built on entertainment, speculation, and virality. Solana allows these communities to form, grow, and thrive on its platform without considering them less worthy than profit-focused crypto projects.
The New Kings of Solana: The Top Tier Meme Coins
There are hundreds of meme coins on Solana. However, only a few make the viral headlines, either because they rely on a robust community or on sheer meme power. Here are some of the top meme coins trending on Solana right now.
1. Bonk (BONK): The OG Solana Meme Coin
Bonk is the first major dog-themed coin on Solana. The project launched in late 2022 during a suffocating bear market. At first, some called it Solana’s Dogecoin. However, Bonk carved its own path and helped ignite the Solana meme coin revolution.
Bonk survived the bear market and obtained listings on major exchanges. Moreover, it expanded its ecosystem to include NFTs and games. The project benefits from a strong dev team and a large community heavily nourished by airdrops.
Here are Bonk’s key metrics:
- Market cap: $1.12 billion
- Total supply: 87.99 trillion
- Circulating supply: 82.19 trillion
- Holder count: 984,610
- Trading volume (24h): $118.98 million
2. dogwifhat (WIF): The Meme with a Hat
If Bonk was nicknamed Solana’s Dogecoin, dogwifhat can be considered Solana’s Shiba Inu. In fact, WIF uses the same dog breed, albeit in a knitted pink hat. This project launched in December 2023 and quickly became one of the fastest-growing tokens in the meme coin niche.
Intense social media engagement and a strong community helped dogwifhat reach a market cap of $4.17 in 2024. As with many meme coins, the hype around WIF decreased gradually, and its market capitalization dropped by over 88%. Nevertheless, the meme coin maintains a strong following due to its easy brand recognition and the power of its simple, relatable meme.
Here are WIF’s key metrics:
- Market cap: $485 million
- Total supply: 998.83 million
- Circulating supply: 998.83 million
- Holder count: 248,506
- Trading volume (24h): $122.23 million
3. Popcat (POPCAT): The Viral Cat Sensation
This project is inspired by the iconic “Popcat” meme, one of the internet’s oldest memes that has been around for over 20 years. However, the Popcat meme coin is much more recent, launching in 2023 amid the Solana meme coin renaissance.
Popcat is one of the meme coins attracting followers solely through its overwhelming meme power. The coin has a unique appeal as a cat-themed meme coin in a dog-dominated space and strong potential to replicate the meme’s longevity on the blockchain.
Here are POPCAT’s key metrics:
- Market cap: $204 million
- Total supply: 979.97 million
- Circulating supply: 979.97 million
- Holder count: 139,522
- Trading volume (24h): $132.85 million
The Rising Stars: Solana Meme Coins to Watch
BONK, WIF, and POPCAT are only the pack leaders in a rapidly growing meme niche on Solana. Other potential new stars include:
- Myro (MYRO)
This meme coin was named after the Solana co-founder Raj Gokal’s pet dog. It powers a community-first ecosystem that delivers real utility to its users. Myro aims to be more than just another dog-themed meme coin. Its future plans include launching a proprietary NFT marketplace and exclusive merchandise for token holders. - Jeo Boden (BODEN)
BODEN is a political-themed meme coin that has gained significant traction in recent months. The project is based on the former US President Joe Biden, using a cartoonish representation. BODEN benefits from the support of a strong online community and increased adoption among long-term meme coin collectors.
The Risks of Trading Meme Coins
High Volatility
The crypto market is well-known for its extreme volatility. The meme coin niche is even more susceptible to sudden movements as prices can swing dramatically in a matter of minutes.
Rug Pulls and Scams
The crypto space has long been infested with malicious actors launching new projects solely to scam investors out of their funds. If you want to avoid rug pulls and scams, trade meme coins only on a reputable exchange like Bitunix.
Lack of Fundamentals
Meme coins are driven by hype and sentiment, not underlying value. They can go to zero in a matter of seconds. Your best choice is to follow the golden rule of crypto trading and never invest more than you are willing to lose.
Why Trade Solana Meme Coins on Bitunix?
If you are in the market for new meme coins, you can find a vast and versatile collection of joke-inspired coins at Bitunix. This robust crypto exchange provides a safe space and easy ways to buy, sell, and trade meme coins.
Bitunix lists Solana meme coins like BONK and WIF and offers perpetual futures on them, allowing traders to speculate on their prices with leverage. The platform provides a powerful, one-chart interface to help you track fast-moving prices and make quick decisions.
Bitunix caters to both beginner and seasoned traders, providing the tools to make better decisions when trading meme coins and other digital assets. It also offers 24/7 support if you have questions about trading these new assets.
Lastly, Bitunix has the best liquidity on the market, which is crucial for meme coins, ensuring you can get in and out of trades without massive slippage.
Ready to join the Solana meme coin frenzy? Trade BONK, WIF, and other top meme coins on Bitunix with low fees and a user-friendly platform.
Conclusion: Riding the Meme Coin Wave Responsibly
Meme coins provide an entertaining entry to the crypto market. They are generally available at low costs and do not impose the pressure that investments in other large-cap cryptocurrencies do. The meme coin mania may be declining on Ethereum. Still, it is in full swing on Solana, thanks to the latter’s vibrant, cost-effective ecosystem.
The meme coins discussed above enjoy varying degrees of popularity and following. They can be quirky additions to any crypto trader’s portfolio. However, you should keep in mind that they are highly speculative. The risks of meme coin investments are real, which is why you should always do your due diligence before investing. Additionally, look for a secure, established crypto futures trading platform where you can trade safely.
The Solana meme coin market is one of the most exciting places in crypto right now. Experience the thrill and trade the top contenders on Bitunix today!
FAQ
1. What is the best Solana meme coin to buy right now?
Several meme coins are vying for the best Solana meme coin, including BONK, WIF, and POPCAT.
2. How can I find new Solana meme coins before they become popular?
Try using tools like DEX Screener or Birdeye to spot new, trending meme coins.
3. Will BONK or WIF ever reach the market cap of Dogecoin?
It is improbable that BONK or WIF will reach Dogecoin’s market cap in the short term. Nevertheless, the long-term narrative may change considering the speculative nature of meme coins.
4. What is a “rug pull” and how can I avoid it?
A “rug pull” is a cryptocurrency scam in which developers hype a project to attract investment, only to later dump the token, abandon it, and steal the funds, leaving investors with valueless assets. To avoid this scam, thoroughly research the project’s team and tokenomics, and use only secure crypto exchanges for trading.
5. How do I buy Solana meme coins on Bitunix?
To buy a Solana meme coin on Bitunix, first acquire Solana (SOL). Next, look for the meme coin on the Bitunix platform by searching for its trading pair. Lastly, use your SOL to buy it through a market or limit order.
Glossary
- Altcoin: Any crypto asset that is not Bitcoin.
- Meme Coin: A cryptocurrency inspired by internet jokes, pop culture, or viral trends.
- DeFi: Decentralized finance applications on public blockchains.
- Gas: Network fee for processing a transaction.
- Layer 1: Base blockchain that verifies and records transactions.
- Layer 2: A scaling solution that processes transactions off the main chain and posts proofs to L1.
- Volatility: Degree of price fluctuation for an asset over time.
- Proof of Stake (PoS): Consensus where validators lock native tokens to secure the network and earn rewards.
- Validator: Operator that proposes or attests blocks in PoS and shares rewards with delegators.
- Incentive Program: Extra token rewards used to direct liquidity or votes.
- Governance: Process for changing parameters or logic, often token-based with timelocks.
- Trading Pair: A combination of two different digital or fiat currencies that can be exchanged for one another on a cryptocurrency exchange.
- Stable Pair: A pool of assets that track similar values, such as two stablecoins.
- TVL: Total value locked in a protocol, a rough usage proxy.
About Bitunix
Bitunix is a global cryptocurrency derivatives exchange trusted by over 3 million users across more than 100 countries. The platform is committed to providing a transparent, compliant, and secure trading environment for every user. Bitunix offers a fast registration process and a user-friendly verification system supported by mandatory KYC to ensure safety and compliance. With global standards of protection through Proof of Reserves (POR) and the Bitunix Care Fund, Bitunix prioritizes user trust and fund security. The K-Line Ultra chart system delivers a seamless trading experience for both beginners and advanced traders, while leverage of up to 200x and deep liquidity make Bitunix one of the most dynamic platforms in the market.
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