Solana eyes $200 as meme coins, stablecoins market cap soars
Solana price has bounced back and crossed the important resistance level at $150 as meme coins in its ecosystem jump. It also soared as its stablecoin market cap jumped to a record high.
Solana (SOL) rose to $153 on Saturday, its highest level since March 3, and 60% above the lowest level this year. This recovery has pushed its market cap to almost $80 billion.
Solana’s rally occurred as investors returned to meme coins within its ecosystem, boosting their market capitalization to $10 billion, a $4 billion rise from this month’s lowest level.
Most Solana meme coins have soared, with Official Trump (TRUMP), Bonk (BONK), Dogwifhat (WIF), and Pudgy Penguins (PENGU) jumping by over 60% in the last seven days….
