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Memecoin suddenly surges: up 23% in a week, trading volume skyrockets 300%, the Solana ecosystem may become the biggest winner
【ChainNews】Memecoin has had an explosive start this year. In just one week, the total market capitalization of the sector skyrocketed from $38 billion at the end of December to $47.7 billion, an increase of nearly 25%. Trading activity is even more impressive—trading volume jumped from $2.17 billion to $8.7 billion, more than tripling.
Specifically, in terms of individual tokens, DOGE and SHIB both rose over 20%, while PEPE was even more aggressive, with a one-week increase of over 65%. What does this market trend reflect? Market risk appetite is clearly rebounding. Funds are starting to dare to take on those high-volatility assets again.
Following this logic, other altcoins should also be driven up. Especially Solana, whose blockchain ecosystem is already the most active in the Memecoin space. In this rebound, it is very likely to be the biggest beneficiary. As the ecosystem heats up, the ecosystem tokens naturally rise along with it.