Solana on-chain activity hits new highs, while Pudgy Penguins token Pengu surges 30%. 🎉

PENGU nears 50% of its previous high amid Solana’s rally and overall market recovery.

Pudgy Penguins distributed PENGU tokens to 7 million wallet addresses. Users have 88 days to claim 23.5% of the 88 billion tokens.

Meme coins on Solana, particularly Bonk and Fartcoin, have increased trading volume.