The Pudgy Penguins’ native token, PENGU crypto, surged over 15% since yesterday, taking its 7-day gains to 55%, marking a return to bullish on-chain sentiment within the Solana ecosystem.

SOL itself has increased by 4% overnight, taking it back above $150. The Solana ecosystem is gaining momentum once again, with PENGU leading the way, and many believe $200 SOL is next.

PENGU Crypto Back Over $0.01 With Latest Rally – Huge Breakout Next?

With its overnight surge, PENGU crypto blasted back above $0.01. It is now trading for $0.013 and has broken out of a near-50-day consolidation period.

To return to its previous all-time highs, PENGU needs to run more than 250%, bringing it to $0.042, a price it hasn’t seen since early January 2025.

Many traders online are comparing the recent price action to that of PEPE prior to its parabolic breakout in 2024, with the side-by-side charts highlighting a clear distinction between the two.

The 24-hour trading volume for PENGU crypto just surpassed $600 million, highlighting the spike in appetite for the Pudgy Penguins token. Binance accounted for more than $100m of the volume.

RELATED: Top Solana Meme Coins to Buy in June 2026 

Pudgy Penguins’ project leader, Luca Netz, recently posted a chart showing that Pengu is on track to average 1 billion views per day by the end of the year. The mindshare and presence of the Pudgy Penguins artwork across social media have helped the PENGU token regain its bullish momentum from the beginning of 2025.

Netz is a great promoter of the Pudgy Penguins brand, constantly pushing the project inside and outside the crypto world. On June 23, he was pictured on a NASDAQ podium with Matt Bartlett, the head of Web3 at asset manager VanEck.

On stage with the pair was a life-size Pudgy Penguin teddy, which gained the NFT project incredible exposure and saw the PENGU crypto token surge 50% since Netz’s appearance at the NASDAQ.

Market Cap

SOL USD Breaking Out Above $150, Giving Solana Ecosystem Plays Like PENGU Room To Run

Solana is outperforming its competition, with a 4% daily increase, beating out ETH, ADA, XRP, and BNB, all of which are either flat on the day or up less than 1%.

SOL has reclaimed $150 and, in doing so, printed a double bottom on the 4-hour chart. As long as it holds above $147.5, the trendline is intact, and the next short-term target is a run toward its monthly high of $167.

(Source)

DefiLlama backs up the claims that Solana’s on-chain sentiment is high. The analytics website shows that Solana has processed over $1.59 billion in 24h DEX volume, with Ethereum in second, and not coming close, with $1.1 billion.

As SOL USD reclaims $150, PENGU crypto has surged more than 15%, bringing attention back to the Solana ecosystem as a result.

(COINGECKO)

Solana is once again a thriving ecosystem, with a thriving meme coin sector and DeFi industry. SOL NFTs are also seeing an increase in volume.

While SOL is currently trading at $150.5, a slight resistance level is around $157. If Solana can push through, a clear run toward $200 becomes a strong possibility. A daily close above $150 as we head into Monday will set SOL up for a big move next week.

DISCOVER: Best New Cryptocurrencies to Invest in 2025

BONUS: Snorter Bot (SNORT) Hits $1.25m In ICO Funding – Is This The Next Big Solana Memecoin?

Snorter Bot (SNORT) may be the best Solana memecoin play heading into July due to its hilarious meme branding and unbridled utility. That utility? A market-leading Telegram trading bot that comes out of the gate with the lowest fees on the market and some of the fastest transaction speeds to match.

It is a multi-chain-ready Telegram Trading bot that offers SNORT holders market-leading trading fees of just 0.85%, beating Trojan, Maestro, Banana Gun, and BONKBot.

It has raised over $1.25 million in just shy of a month since its ICO went live, with eager investors scrambling to secure a bag of this cutting-edge trading tool at early-bird prices.

https://twitter.com/SnorterToken/status/1938956092127535397

Snorter Bot has built-in MEV protection, an innovative sniper tool, and a copy-trade function. It allows users to follow their favourite wallets and influencers into the trenches.

Although SNORT will initially only be available for Solana, the bot has been developed with day-one multi-chain capabilities. It is no surprise that it will likely soon be available on Base, Ethereum, and other notable chains.

Investors seeking lucrative passive income on their SNORT presale bag can stake their tokens for an impressive 247% APY. This offers traders the perfect passive income opportunity while they kick back and wait for the Snorter Bot ICO to conclude.

Visit SNORT Here

EXPLORE: Best Meme Coin ICOs to Invest in 2026

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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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