Memecoins and altcoins on fire: Discover the incredible figures of the crypto market for the month of November.

Long considered flash-in-the-pan, memecoins continue to surprise. These seemingly light cryptos play on roller coasters, oscillating between euphoria and calm, captivating both enthusiasts and skeptics. November marked a turning point with impressive increases, led by memecoins and supported by other major altcoins. VanEck highlights this dizzying rise, which redefines the contours of the crypto market.

Solana and meme cryptos at the top

The month of November was triumphant for the price of Solana, which recorded a 42% increase, reaching an all-time high of $262. But the star is the memecoins, whose on-chain activity has exploded by 95%, driving the volumes of decentralized exchanges. Solana generated $177 million in revenue, thus doubling its previous monthly record.