Following the explosive growth of Trump’s memecoins, Solana’s position in the crypto market has strengthened significantly. This includes a remarkable 19% price increase in one day, as well as the official Trump memecoin skyrocketing by 28,000% leading to heightened interest in Solana.
Currently, Solana’s memecoins have achieved a market capitalization of $30.8 billion, significantly influencing trader sentiments. Given its fast transaction capabilities, there is growing speculation that 2025 could see a successful launch of an ETF centered on Solana.