Solana (SOL), the native token of the Solana Ecosystem, soared over 50% in the past week, ranking it among the top-performing cryptocurrencies. The price rally can be attributed to the re-emergence of meme cryptos, which have acquired immense hype in the market. Earlier, after reaching an all-time high of $260.06 in November 2022, SOL dropped below $10 in June 2023 and is now trading over the $114 mark.
Despite being a three-year-old network, the Solana Ecosystem is considered as a potential Ethereum Killer due to its high speeds and low fees. The recent improvements in performance align with the overall crypto market trends. In addition, Solana network’s success is boosted by resurgence of meme coins and Non-fungible Tokens (NFTs).
Since meme coins in the Solana network have gained popularity recently, people want to invest in them to earn profits. Hence, you can follow the below-mentioned steps to invest in these meme-frenzy cryptocurrencies.
Also Read: Solana Tokens Price Today: SOL, BONK, NEON Hop On The Trending List
The popular meme cryptos on the Solana Ecosystem and the exchanges or swap aggregators they are listed on have been mentioned below.
Also Read: Solana’s ANALOS Aids Trader In Amassing Colossal Profits, ANALOS Price To Sustain Rally?
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