The AURA memecoin was a huge hit around this time last year during the 2024 Solana Summer, and has blasted +4800% overnight, sending it straight to Valhalla from the depths of hell.

Yesterday (June 10), seemingly out of nowhere, AURA surged from $0.00088 to $0.055, where it is currently trading. It seems well on its way to overtaking its July 2024 all-time high of $0.074.

Biggest Comeback Of 2025 As AURA Memecoin Makes Millionaires Overnight

In less than 24 hours, the parabolic run on the AURA memecoin has brought millions in volume back to the Solana ecosystem while simultaneously printing millionaires overnight with its 4800% price increase.

AURA has processed over $41 million in trading volume since yesterday, nearly the exact figure as its market cap, which is around $50m. While there is no apparent reason for such a pump, it does signal a move toward the ‘up-only’ period of the bull run.

Community-led projects such as the AURA meme coin don’t necessarily need a catalyst to make these types of moves. It can start with just a few high-net-worth wallets bidding at the bottom before FOMO kicks in and buyers step in, creating a snowball effect.

EXPLORE: Best New Cryptocurrencies to Invest in 2026 

This run from AURA looks exactly like that. Now, the meme coin dominates the mindshare across social media, with its violent price spike being the main talking point on X this morning.

It isn’t just OG holders pumping the AURA memecoin chart; since its 50x price increase began yesterday, the holder count has gone from 16,000 to over 19,000, and 3,000 new holders have been picked up in less than a day.

With such an extreme pump comes extreme volatility, evidenced by the wild price swings on the AURA chart. There are 20-30% price swings on every 15-minute candle right now as AURA attempts to find some stability following such a parabolic run.

Most impressive about the AURA memecoin is that 95% of its recent move was done on-chain via the Raydium and Meteora DEX platforms. AURA made a 50x run without any major CEX listing, highlighting the power of on-chain communities regarding moving charts.

The AURA memecoin has exploded more than 50x overnight as volume flows back into Solana while Solaxy (SOLX) hits $47m in presale funding

(COINGECKO)

BONUS: AURA’s Parabolic Run Is Putting Strain On The Solana Network – Solaxy (SOLX) Is Needed Now More Than Ever

With over $40 million in 24 hours and nearly 14,000 individual transactions for the AURA memecoin, Solana faces an incoming stress test of its infrastructure.

Solaxy (SOLX) is the first-ever Layer-2 built on Solana, and its main priority is to ease the burden on the mainnet at times such as this, when one memecoin can single-handedly buckle the network.

At the height of the bull run in 2021, on-chain Solana users regularly faced slowdowns, failed transactions, and sometimes even full-blown network outages.

SOLX fixes this with roll-up technology. It works by batching together transactions and processing them off-chain before sending them back to Solana’s mainnet for settlement.

This could be the difference maker in Solana finally realizing its five-year destiny of becoming the Ethereum Killer it originally promised to be. The Solaxy team isn’t stopping here; they have announced a full suite of tools to become the premier L2 ecosystem on Solana.

Just yesterday, it was announced that Solaxy has partnered with Hyperlane to build a Solana—Solaxy—Ethereum bridge, aiming to seamlessly connect the two biggest Layer-1 protocols with its brand new L2 platform.

In addition to the bridge and L2 infrastructure, the guys at Solaxy have also built a native DEX and token launchpad, nicknamed ‘Igniter’. No other project on Solana has built such an end-to-end suite of products.

Put simply, users can now bridge from Solana or Ethereum, directly to Solaxy, launch a token via Igniter, see that token graduate onto the Solaxy DEX and potentially birth the next 1000x Solana memecoin for this bull run.

There are just over five days remaining until the SOLX presale ends, and already, it is one of the biggest presales this year, with more than $47.1m raised thus far.

This is the last chance to secure a bag of Solana’s first-ever full-spectrum Layer-2 project at early bird prices.

Stay in the loop by joining the Solaxy community on Telegram and X.

Visit The Solaxy Presale Today

DISCOVER: The 12+ Hottest Crypto Presales to Buy Right Now 

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Alex Ioannou
Alex Ioannou
On-Chain Journalist

Alex is a seasoned cryptocurrency trader and market analyst with over seven years of active experience in the digital asset space. Since entering the markets in 2017, Alex has specialized in identifying emerging "meta" trends and high-volatility narratives. Notably, Alex... Read More

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