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Solana Meme Coin Volumes Are Dominating Crypto: Best Crypto to Buy Today

By Akiyama Felix

Last Updated: Feb 3, 2025

Fact checked

By Sam Cooling

Solana's Meme Crypto Coins are Setting The Pace in Trading Volumes, Which Solana Token is The Best Crypto Investments for Today

Solana has taken the front of the meme crypto trading volume, and Raydium has recently outpaced Uniswap.

The American blockchain, Price Volume in 24h Price 7d , offers some of the fastest transaction speeds in web3, yet with almost zero trading fees. Its low-cost transaction processing drives more frequent trading, thus driving up volume. Scalpers heaven, you can basically take 10-20% scalp on Solana with small size and still be profitable.

Solana’s Meme Crypto Coins are Setting The Pace in Trading Volumes, Which Solana Token is The Best Crypto Investments for Today

January 2025 saw an explosive volume spike in Solana meme crypto trading. Memecoins accounted for 65% of Raydium’s monthly trading volume, a speculative and fun trading hub.

Pump.fun, a meme coin launchpad on Solana, has also been very helpful during this Solana volume spike. The launchpad facilitates the creation of new meme coins, which then find their primary trading venue on Raydium.

When a token on Pump.fun hits a market cap of around $70k to $100k, depending on the Solana price, it bonds. Bonded meme coins from Pump.fun automatically add liquidity to Raydium’s pools, creating a cycle of liquidity and volume that benefits both platforms.

“Bonding Curve” is a mathematical model that adjusts the price of tokens based on supply and demand. The price increases exponentially as more tokens are bought, ensuring that early investors can benefit from lower prices.

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In addition, Raydium’s V3 launch in March 2024 introduced enhanced liquidity management tools. Raydium has been keeping itself ahead of competitors by offering traders better tools and sustaining trading volumes.

Following this, the crypto community believes Solana outperforms other blockchains. There’s a sentiment that Solana could eventually surpass Ethereum in key metrics. This belief fuels more development and investment into the Solana ecosystem, creating a feedback loop of growth and innovations.

Solana’s ecosystem has grown to Olympian size, with application platforms like Jupiter and Jupuary giving away airdrops. These events also increase Solana meme crypto on-chain activity.

Price Volume in 24h Price 7d remains a leader in total value locked (TVL) and has a vast developer ecosystem. However, Ethereum’s recent layer-2 solutions can’t yet beat Solana’s native advantages in speed and cost. This cycle has seen Solana meme crypto capture over 60% of daily DEX (decentralized exchange) volume.

Even so, Solana has faced significant challenges with network congestion throughout 2024 and into 2025. A Spike in Solana meme crypto activity has sometimes overwhelmed Solana’s network. The rapid increase in transaction volume from meme coins created a big demand, leading to delays and failed transactions.

Solana needs its solution to tackle their hiccups, especially with more volume coming from normie’s money. Can Solana remain stable on a proper meme crypto bull run?

SOLX the Ultimate Solana L-2 Scaling Solution, Bye Bye Congestion

Solana's Meme Crypto Coins are Setting The Pace in Trading Volumes, Which Solana Token is The Best Crypto Investments for Today

Solaxy (SOLX), the first Layer-2 on Solana, has achieved a remarkable milestone by raising $17.5 million on presale. Why? Solaxy is designed to be a groundbreaking solution for Solana scalability. The best crypto to buy right now.

Ethereum L-2, like BASE, attracts so many users because it scales what ETH can’t. BBASE offers cheaper fees and faster transaction speeds.

Solaxy will decrease Solana’s congestion problem and failed transaction count, which is still in its presale phase.

SOLX tokens are currently offered at $0.00162 each, with an APY of 229%. Just sitting in their bags guarantees users a 2.3X return in tokens.

The project has been endorsed by influential figures in the crypto space, including YouTuber ClayBro, with nearly 20,000 followers on social media platforms.

Invest in SOLAXY today while it’s still in presale. Enjoy the perks of being an early buyer right before it goes public. Those who buy during the presale usually get the tokens at the cheapest rates.

For the latest updates on the project, connect with the SOLX community on X and Telegram 

VISIT SOLX HERE

EXPLORE: 15 New & Upcoming Coinbase Listings to Watch in 2025

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Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital. 99Bitcoins may receive advertising commissions for visits to a suggested operator through our affiliate links, at no added cost to you. All our recommendations follow a thorough review process.
Akiyama Felix
Akiyama Felix
Crypto Journalist

Crypto Class 2018, Visual effect artist turned to onchain degen. ETH maxi, naturally left handed. Enjoy Japanese manga, sipping coffee before bed. Dog lover who enjoys writing. Read More

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