Tokens like $TRUMP and $WIF have turned Solana into the degen chain of choice, where speculation meets speed. But this […] The post Solana’s $2.8B Surge Sparks a Hunt for the Best Meme Coins to Watch appeared first on Coindoo.Tokens like $TRUMP and $WIF have turned Solana into the degen chain of choice, where speculation meets speed. But this […] The post Solana’s $2.8B Surge Sparks a Hunt for the Best Meme Coins to Watch appeared first on Coindoo.

Solana’s $2.8B Surge Sparks a Hunt for the Best Meme Coins to Watch

By: Coindoo

2025/10/08 23:13

Tokens like $TRUMP and $WIF have turned Solana into the degen chain of choice, where speculation meets speed. But this isn’t just a meme-fueled frenzy. It marks a deeper shift where memes are evolving into products with real utility and on-chain demand.

That’s why analysts say Solana’s rise isn’t once-off but a signal of where crypto’s headed next. Here’s how it’s paving the way for the next generation of utility-driven meme coins, and why Snorter Token ($SNORT) is one of the best meme coins to watch.

Solana Outpaces Ethereum’s Early Growth – $2.85B Revenue in 12 Months

According to 21Shares, Solana pulled in $2.85B in total revenue over the past 12 months thanks to a mix of DeFi yields, AI integrations, and relentless trading activity.

Source: 21Shares via Blockworks.

The network peaked at $616M in January 2025 during the height of the meme coin boom. Trading platforms remain the backbone of Solana’s economy, generating 39% of revenue, roughly $1.12B, from apps like Photon and Axiom.

Take into account that Solana was launched five years. By comparison, Ethereum’s fifth year saw monthly revenues under $10M, while Solana now earns between $150M and $250M each month.

Solana vs Ethereum monthly revenue in millions.

Source: 21Shares via Blockworks.

Solana also boasts over 2.1M daily active addresses – at least 4x what Ethereum managed at the same stage.

With nearly $3B in $SOL now held by public companies and multiple ETF filings in the pipeline, Solana isn’t just a high-speed blockchain anymore. It’s become both the institutional and meme coin hub … where serious capital meets cultural firepower.

Meme Coins Are the Beating Heart of Solana’s Boom

Solana’s $616M revenue spike in January wasn’t random; it was the $TRUMP effect. The Official Trump token dominated on-chain activity during the height of election-fueled meme mania, pulling record volume into Solana’s trading platforms. That single wave of speculation pushed Solana’s monthly revenue to all-time highs and cemented its reputation as the chain for fast, cheap, and chaotic trading.

But the momentum didn’t fade once $TRUMP cooled off. Tokens like $PENGU and $BONK have since kept Solana’s meme coin economy alive, with $PENGU now sitting at a $1.94B market cap and $BONK close behind at $1.62B. Together, they’ve driven user engagement, network fees, and liquidity deeper than any DeFi incentive program could.

Institutional analysts are even starting to treat meme coin activity as a real adoption metric. And as memes coins mature into bots, AI tools, and games, ‘utility memes’ like $SNORT are shaping the next Solana cycle.

Snorter Token ($SNORT) – The Meme Coin Built for the Next Solana Cycle

Snorter Token ($SNORT) is a Telegram-native trading bot built for Solana and Ethereum, turning chat commands into full-blown trading power. Designed for the same degen crowd that made meme coins on Solana explode, $SNORT fuses meme energy with real functionality.

You will be able to execute sub-second swaps, snipe fresh launches before whales jump in, and even mirror top traders — all without leaving Telegram. What’s more, its closed beta showed an 85% success rate in rug and honeypot detection, giving users a crucial edge during volatile meme seasons.

What really sets $SNORT apart is speed. Powered by Solana’s custom RPC infrastructure, it will execute faster than browser-based bots and charge less for it – $SNORT holders will slash trading fees from 1.5% to just 0.85%. You can also stake your tokens for a hefty 111% APY or wait for cross-chain expansion across Ethereum, BNB Chain, Polygon, and Base.

Snorter Bot features compared to other Solana trading bots

The meme market has matured, and it’s not just about vibes anymore. Snorter blends cultural firepower with automation, something older memes like $DOGE and $SHIB never achieved. The crypto trading bot market is projected to hit $200B by 2035, and Solana’s liquidity keeps deepening by the week.

As retail traders flood Telegram for faster, smarter tools, $SNORT could become one of the best meme/utility tokens to watch this year.

The Snorter Token presale is now in its final stage, with over $4.43M already raised, giving early buyers only a short 12-day window to grab $SNORT at $0.1073 before the next price increase and the token launches on exchanges.

Join the Snorter Token presale before it ends.

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