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Solana, the queen of memecoins: 91% of new cryptos created in the SOL ecosystem

In parallel with the explosion in the price of Bitcoin, the price of Solana's SOL token also reached new local highs, passing the $200 mark. In practice, the enthusiasm around Solana is currently mainly fueled by the trend surrounding memecoins. An area in which the Solana blockchain seems to be the undisputed queen. A trend that continues with the start of the bull run.

In terms of on-chain activity, Solana also remains in the lead. Thus, the blockchain currently records an average of 40 million daily transactions. This is transaction data that does not take into account transactions linked to on-chain consensus.