Solana’s growth is driven by rising popularity of memecoins like AI16Z and FARTCOIN.
AI-driven tokens may shift market focus, but concerns about their long-term value persist.
Solana founders largely support memecoins, but some remain skeptical of AI agent tokens.
Solana is on the rise as the memecoin platform of choice, with AI memecoins seeing a surge in trading volume and market cap. The total market cap of AI memecoins on Solana is now close to $11 billion, with over $2 billion in trading volume.
BREAKING: The total market cap of $AI memecoins has surpassed $11B, with @Solana-based coins leading across all chains. pic.twitter.com/09updO51wP
— SolanaFloor (@SolanaFloor) January 6, 2025
But questions linger on the future of these tokens as to whether the current hype around AI agent coins can influence the memecoin space.
Memecoins Surge on Solana
Memecoins have been the major catalyst for Solana’s growth. AI-driven meme tokens like AI16Z keeps thriving, with its market cap hitting $2.43 billion. Ranked #67 in the crypto market, AI16Z jumped over 20%, showing strong investor interest.
Read also: Solana Memecoin Frenzy Cools Down After Bin…
The post Solana’s AI Memecoins Are Thriving, but Is the Hype Here to Stay? appeared first on Coin Edition.
