In a move that could greatly boost trust in the crypto market, major players like Galaxy Digital, Multicoin Capital, and Jump Crypto are reportedly working together to build a large $1B Solana ($SOL) treasury.
This plan has the green light from the Solana Foundation and is set to become the largest fund of its kind. The firms have brought on Cantor Fitzgerald to lead the deal, aiming to complete it by September.
This push from institutions comes as Solana continues to demonstrate its strength, leading all major Layer 1 and Layer 2 blockchains in network revenue for the 23rd consecutive week, generating over $15M.
Solana Price Ready for a Big Jump?
Despite a recent 3% dip below $200, part of a broader crypto market slump, analysts remain highly optimistic about Solana’s price. In fact, many consider $SOL one of the best Solana meme coins to watch.
Popular analyst Ali Martinez believes $SOL is poised for a major rally, potentially reaching $222 if it can break above the $211 resistance level. Martinez’s analysis highlights $200 as a key support level, with the area below $195 presenting a strong buying opportunity.
Solid on-chain data support the positive signals. On the daily chart, the price remains robust above the moving averages. The Relative Strength Index (RSI) at 56 indicates potential for further gains.
The love for Solana will undoubtedly force attention to Solana-based tokens such as Snorter Token ($SNORT), designed to give you a trading edge, Wall Street Pepe ($WEPE), which gives you alpha calls, and Bonk ($BONK), proving a strong community can weather a storm.
1. Snorter Token ($SNORT) – A Trading Bot for the People
Get ready to elevate your crypto game with Snorter Token ($SNORT). This project is a meme coin with utility—a powerful combo!
$SNORT is the force behind the Snorter Bot, a Telegram-based trading tool designed to give you a serious edge, especially in the volatile meme coin market.
The bot provides advanced features like instant sniping to help you join new token launches immediately, copy trading to imitate successful traders’ moves, and on-chain scam detection to help you avoid rug pulls and honey pots.
Holding $SNORT tokens grants you access to these premium tools and offers a significant discount on trading fees, reducing them to 0.85%. It’s clear why it is one of our best crypto presales.
The presale has already raised over $3 million, showing that traders want a tool that blends meme culture with professional-grade utility.
2. Wall Street Pepe ($WEPE) – Trade Like Pepe!
Tired of getting wrecked by crypto whales? Wall Street Pepe ($WEPE) is here to level the playing field. More than a meme coin, it’s a movement and a community with a purpose.
Originally launched on Ethereum, Wall Street Pepe is now expanding to Solana, giving you the best of both worlds: the proven brand and liquidity of $ETH with the lightning-fast transactions and low fees of $SOL.
Wall Street Pepe empowers small traders with exclusive, premium trading insights, which the Wepe Army calls ‘alpha calls.’ By holding $WEPE, you gain access to a private token-gated community where over 1.3K active traders share market strategies and help each other succeed.
Rewards are given to those army members with the highest social engagements, further encouraging project participation.
The project’s unique identity, rooted in rebelling against market manipulation, has already attracted over 79K wallet holders and a growing following on X.
This multi-chain launch isn’t a feature; it’s a strategic move to build a stronger, wealthier community together.
3. BONK ($BONK) – The People’s Dog Coin
If you’re looking for a fun and community-driven crypto, look no further than BONK ($BONK). As the first major dog-themed meme coin on the Solana blockchain, Bonk has quickly become a fan favorite.
Launched on Christmas Day 2022 after the FTX collapse, it was created with a mission to flip the script on VC-backed tokens and ‘bring the power back to the people.
It did this with a massive airdrop of 50% of its total supply to Solana community members, including developers, artists, and NFT collectors.
Buy your $BONK from reputable exchanges for $0.00002025.
The Future of Solana is Now: A Perfect Storm of Utility and Memes
The coming together of major institutional players and a booming meme coin scene is creating a perfect storm for Solana. As giants like Galaxy Digital validate the network with a billion-dollar treasury, it sets a bullish tone for everything on it.
Projects like Wall Street Pepe ($WEPE) and Snorter Token ($SNORT) are leading the charge, proving that meme coins can offer more than just hype; they can have real utility.
Meanwhile, BONK ($BONK) shows how a strong community can build a lasting ecosystem from a simple meme.
It’s a fascinating time where the next big winner could be a project that blends humor and powerful tools. Just remember to do your own research before diving in, as this isn’t financial advice and the crypto market can be volatile.
