However, the coin has lost more than 80% of its value since then, demonstrating the high-risk nature of Solana meme coins. TRUMP didn’t offer many opportunities for traders.

Solana’s price recovery falters as meme coin activity on its blockchain dwindles, signaling potential trouble for the altcoin. Trading at $144, Solana has dipped 8% in a week, with its meme coin ...

How Solana Meme Coins Are Falling Short. Solana has been known to host different meme coins, but these trends always collapse under the pressure of the token’s popularity.

Solana has captured significant trading volume through meme coin activity, supported by its low transaction fees and high throughput. Kendrick refers to this dominance as a "double-edged sword." ...