Sometimes, memecoins are described as speculative and often low-quality tokens, with no other purpose than just speculate funds in attempts to earn something on price fluctuations. But still, many people love them. They are the representation of common memes on-chain, acting as robust community engagement tools. And of course, it’s possible to earn when their price fluctuates, although even in the best scenario such earnings are rarely large.
Still, Solana memes are fun, and that’s it! So, let’s dive deeper and explore top examples of them.
What are Solana memecoins?
They are cryptocurrency tokens created on the Solana blockchain, often inspired by internet culture, humor, or community-driven initiatives. These coins are typically developed for fun, to spread memes, or to foster engagement within online communities.
However, some memecoins are also created with the intent of speculative trading or capitalizing on viral trends. Their appeal lies in their lighthearted nature and potential for rapid value appreciation, though this is often accompanied by significant price volatility. It’s common for them to have 20–30% price growth per day, but it’s even more common to lose up to 90% per day, too.
Look, for example, at the BONK price fluctuation, one of the most successful memes.
Memecoins on Solana RPC are traded on decentralized exchanges (DEXs) and centralized platforms, with their prices frequently influenced by social media trends, community enthusiasm, and broader market conditions. While many lack intrinsic utility, their unpredictable nature and the excitement of meme culture make them popular among traders and crypto enthusiasts.
Why Solana is so good for them
Solana blockchain offers a good infrastructure for memes. Let’s look at its several advantages.
- High-speed transactions: Solana can process thousands of transactions per second, ensuring quick trades and minimal delays.
- Low transaction costs: The network's low fees make it affordable for developers to launch projects and for users to trade memecoins.
- User-friendly tools: Platforms like Pump.fun simplify the creation and trading of meme assets, making it accessible for newcomers.
These features provide a fertile environment for memecoin projects to thrive. Additionally, Solana's scalability ensures that even during periods of high traffic—often seen during viral trends—the network remains efficient and reliable.
How you can use them
Memecoins on Solana can serve two primary purposes: speculative trading and community engagement.
- Earning through price fluctuations: Traders often buy memecoins in the hope of profiting from their volatile price movements. While this can yield significant returns during bull markets, it also carries substantial risks due to the speculative nature of these assets.
- Community engagement and fun: Beyond trading, memecoins foster a sense of belonging within online communities. Examples are ideas promotion, events organization, or rewards for participation. This aspect makes them appealing to those who value community over financial gain.
Ultimately, memecoins are more about embracing internet culture than practical utility, making them a unique facet of the cryptocurrency ecosystem. Also, you can always create your own memecoin on a private blockchain RPC node.
Top 10 Solana memecoins
Here is the list of top memes, based on their online popularity and value. They managed to retain decent prices even after the initial hype.
- Bonk (BONK)
- Pudgy Penguins (PENGU)
- ai16z (AI16Z)
- dogwifhat (WIF)
- Fartcoin (FARTCOIN)
- Gigachad (GIGA)
- Popcat (POPCAT)
- Peanut the Squirrel (PNUT)
- cat in a dogs world (MEW)
- Baby Doge Coin (BABYDOGE)
Let’s dive deeper into each of them.
Bonk (BONK)
Launched in December 2022, BONK is Solana’s most iconic dog-themed memecoin with a market cap of $2.1 billion as of early 2025. It features a deflationary model that reduces its initial supply of 100 trillion tokens through periodic burns. BONK has expanded across multiple blockchains and partnered with high-profile brands like Borussia Dortmund.
Pudgy Penguins (PENGU)
PENGU is tied to the popular Pudgy Penguins NFT collection. Introduced in December 2024 with a supply of 88.8 billion tokens, PENGU quickly gained traction due to its airdrops and integration into the NFT ecosystem. It recorded over $1 billion in trading volume within its first day.
ai16z (AI16Z)
AI16Z blends meme culture with AI-driven decentralized finance (DeFi). Launched in October 2024, this project allows token holders to participate in a DAO governed by an autonomous AI agent named "AI Marc Andreessen." Though still experimental, it explores innovative uses of AI in governance.
dogwifhat (WIF)
Inspired by a viral meme featuring a dog wearing a hat, WIF debuted in December 2023. Its fixed supply of 998 million tokens creates a sense of rarity. While its value largely depends on community enthusiasm, its playful origin has made it a favorite among meme lovers.
Fartcoin (FARTCOIN)
FARTCOIN emerged from an AI experiment in October 2024 as a humorous take on cryptocurrency. Despite its absurd premise, it briefly surpassed $1.5 billion in market cap in January 2025. Its appeal lies in its lighthearted community rather than any functional utility.
Gigachad (GIGA)
Gigachad celebrates meme culture with motivational themes and staking rewards. It was listed on major exchanges like Coinbase, boosting its visibility in late 2024. With collaborations and token burns enhancing scarcity, GIGA has become a standout project within Solana’s ecosystem.
Popcat (POPCAT)
Based on the viral "Popcat" meme, this token launched in December 2023 as an entry point for casual crypto users. Its simplicity and entertainment value have made it popular among newcomers who appreciate the lighter side of blockchain technology.
H3 Peanut the Squirrel (PNUT)
PNUT gained attention following a viral story about Peanut, a pet squirrel involved in a controversial incident. Launched in November 2024, its emotionally charged backstory and endorsements from figures like Elon Musk have solidified its position as a top Solana memecoin.
cat in a dogs world (MEW)
MEW caters to cat enthusiasts as an alternative to dog-themed coins like BONK. It leverages the internet's eternal "cats vs dogs" debate while building partnerships that enhance its brand recognition.
Baby Doge Coin (BABYDOGE)
Originally launched on BNB Smart Chain in 2021, BABYDOGE has since bridged to Ethereum and Solana. With features like staking and charitable initiatives for animal shelters, it combines meme culture with real-world impact.
Where to buy them?
Solana memecoins can be purchased on various platforms, depending on your aptitude. Let’s look at several examples.
- Centralized exchanges (CEX): Popular exchanges like Binance and Coinbase list many top memecoins.
- Decentralized exchanges (DEX): Platforms such as Raydium and Orca offer liquidity pools for trading Solana-based tokens, including memes.
- Specialized tools: Applications like Pump.fun provide insights into new memecoin launches and have trading tools, too.
- Trading bots: Tools like Jup.bot or BONKBot enable quick trading of Solana memecoins right in the Telegram messenger, but make sure to avoid scam copies of these services.
Thorough research is especially important in the case of memecoins trading due to their speculative nature.
Future of Solana memes
The future of Solana memecoins appears promising as they continue to drive network activity and attract new users to the blockchain ecosystem. While their speculative nature makes them controversial, they contribute significantly to community engagement and innovation within Solana’s ecosystem.
As new projects emerge and existing ones evolve, memecoins are likely to remain integral to Solana’s growth trajectory—offering both opportunities for traders and entertainment for crypto enthusiasts.
Top comments (0)