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Highlights
- Solana meme coins are in the spotlight after their total market cap soared by 32% in 24 hours to outperform the broader market.
- MOODENG is a top performer in the crypto market today with an over 150% gain and a 1700% surge in trading volumes.
- BONK and FARTCOIN are also gaining with their prices up by more than 20% in 24 hours.
Solana (SOL) meme coins are in the spotlight after outperforming the broader crypto market as Bitcoin’s push past $100K increased risk appetite towards speculative tokens. The massive gains and rising trading volumes have also spiked activity on the PumpFun meme coin launchpad, whose volumes have reached a two-month high.
Solana Meme Coins in the Spotlight
Data from CoinGecko shows that in the last 24 hours, the total market cap for Solana meme coins has surged by 32% to $12.46 billion. Most of these coins had also registered double-digit percentage gains at press time, with all of the top ten trading in the green.
The high interest towards Solana meme coins has also fuelled DEX volumes on the PumpFun launchpad. Data from DeFiLlama shows that the trading platform has clocked $168M in volumes in the last 24 hours alone, which is the highest since mid-February 2025.
As the SOL meme coin frenzy continues, three coins have stood out and have the potential to continue the upward momentum. These coins include Moo Deng (MOODENG), Bonk Coin (BONK), and Fartcoin (FARTCOIN).
MOODENG Price Skyrockets 150% Amid High Volumes
MOODENG price is up by 150% in the last 24 hours, to trade at a three-month high of $0.126. Meanwhile, the meme coin’s trading volumes have surged by a staggering 1,700% according to data from CoinMarketCap to hit $648M.
The steep uptrend follows a massive surge in buying activity, as depicted by the volume histogram bars and the RSI that has hit an overbought zone of 88. While this hints at a potential reversal, the increased risk appetite in the crypto industry may fuel more gains for this Solana meme coin.
BONK Price Targets $0.000039 As Bullish Momentum Builds
BONK is a top meme coin on the Solana ecosystem, and it has also registered an impressive 20% gain in 24 hours to trade at $0.0000219. Its 24-hour trading volumes are also up by more than 300% to nearly $1 billion.
BONK’s gains have fuelled a breakout from an ascending parallel channel, and bulls now target the nearest resistance level of $0.000026. Clearing this resistance could see the meme token reach the 2025 high of $0.000039. The ADX line supports this bullish BONK price prediction as it tips north to show the uptrend is gaining strength.
FARTCOIN Price Soars 23% as Open Interest Hits ATH
FARTCOIN was one of the top performers in the crypto market in April 2025, and the trend is about to repeat in May. In the last 24 hours, FARTCOIN price had surged by 23% with an intraday high of $1.38, making it one of the top-performing meme coins on Solana. Its open interest had also reached an all-time high of $645 million according to data from Coinglass.
As Coingape reported, FARTCOIN price may extend the rally and follow Solana’s recent gains, and may clinch new highs if SOL can cross above $200.
Summary
The frenzy around Solana meme coins will likely continue as Bitcoin extends its rally above $100,000 and ETH’s surge past $2,000 fuelled talks about an altcoin season. Some of the coins standing out with high trading volumes and rising leverage are MOODENG, BONK and FARTCOIN, which have outperformed the broader crypto market with notable price gains.
Frequently Asked Questions (FAQs)
1. Why are Solana meme coins rallying today?
2. What is behind the 150% rally in MOODENG price?
3. Can BONK and FARTCOIN sustain their gains?
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