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<p><span style="font-weight: 400;">The Solana network is the most popular blockchain ecosystem this year as eruptions of meme coin mania around tokens like Dogwifhat (WIF) help fire it to prominence.&nbsp;</span></p>
<p>That’s according to new <a href="https://www.coingecko.com/research/publications/most-popular-blockchain-ecosystems" rel="noopener noreferrer nofollow"><span style="font-weight: 400;">research</span></a> by CoinGecko, which shows Solana accounting for<span style="font-weight: 400;"> 49.3% of global investor interest in chain-specific narratives.&nbsp;</span></p>
<p>“Solana ecosystem’s dominant mindshare has been fueled by <a href="https://www.coingecko.com/en/coins/solana" rel="noopener noreferrer nofollow">Solana</a>’s continued rally back to 2021 highs, alongside the strong performance of key ecosystem project tokens such as&nbsp;Pyth and native meme coins such as&nbsp;Dogwifhat,” it said.</p>
<p>Ethereum place second with almost a 13% share of global blockchain traffic for the year through Mar. 18, followed by BNB Chain with a little more than 5%, CoinGecko said.</p>
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 <p lang="ht" dir="ltr">Top 20 Most Popular Blockchain Ecosystems on CoinGecko</p>
 <p>1. Solana<br>2. Ethereum<br>3. BNB Smart Chain<br>4. Cosmos<br>5. Avalanche<br>6. Arbitrum<br>7. Base<br>8. Sei<br>9. Sui<br>10. Polygon<br>11. TON<br>12. zkSync<br>13. Cardano<br>14. Polkadot<br>15. Metis<br>16. Fantom<br>17. Injective<br>18. PulseChain<br>19. Aptos<br>20. Hedera</p>
 <p>— CoinGecko (@coingecko) <a href="https://twitter.com/coingecko/status/1770514270004121662?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">March 20, 2024</a></p>
</blockquote>
<p><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></p>
<h2 id="span-style-font-weight-400-the-solana-price-broke-200-for-the-first-time-in-two-years-span"><span style="font-weight: 400;">The Solana Price Broke $200 For The First Time In Two Years</span></h2>
<p><span style="font-weight: 400;">CoinGecko’s report comes after SOL recently surged past $200 for the first time in two years. It’s also recorded a surge in trading activity as investor frenzy around Solana meme coins skyrocketed. </span></p>
<p><span style="font-weight: 400;">Approximately $11 billion in transactions were executed on the Solana blockchain in just 24 hours on Mar. 18, according to a Mar. 21 Coinbase market update. The US exchange also said that these transactions were linked to a variety of smaller tokens, mainly meme coins.</span></p>
<p><span style="font-weight: 400;">Solana experienced a similar </span><a href="https://insidebitcoins.com/news/solana-network-activity-overtakes-ethereum-amid-sol-meme-coin-mania-spectacular-bome-explosion" rel="noopener noreferrer nofollow"><span style="font-weight: 400;">surge in trading volume</span></a><span style="font-weight: 400;"> on Mar. 16, when the total trading activity on the network hit $3.52 billion, $1.1 billion more than the activity recorded on Ethereum. </span></p>
<p><span style="font-weight: 400;">SOL even </span><a href="https://insidebitcoins.com/news/solana-meme-coin-mania-continues-as-one-trader-turns-72k-into-30-2m" rel="noopener noreferrer nofollow"><span style="font-weight: 400;">managed to briefly dethrone Binance Coin</span></a><span style="font-weight: 400;"> (BNB) as the fourth largest crypto by market cap before BNB reclaimed the position.&nbsp;</span></p>
<h2 id="span-style-font-weight-400-binance-listing-pushed-sol-meme-coin-hype-into-overdrive-span"><span style="font-weight: 400;">Binance Listing Pushed SOL Meme Coin Hype Into Overdrive</span></h2>
<p><span style="font-weight: 400;">The hype around Solana meme coins spiked after Binance </span><a href="https://www.binance.com/en/support/announcement/binance-will-list-book-of-meme-bome-with-seed-tag-applied-bca0f355cf004367b90d7e48fee3470c" rel="noopener noreferrer nofollow"><span style="font-weight: 400;">announced</span></a><span style="font-weight: 400;"> that it would list new meme coin sensation Book of Meme (BOME), causing the altcoin’s price to pump. </span></p>
<p><span style="font-weight: 400;">Along with its soaring value, BOME’s market cap soared from near zero to almost $1 billion within just two days of trading.</span></p>
<p><span style="font-weight: 400;">Hardly a day seems to pass without another Solana meme coin bursting on the scene, and yesterday </span><a href="https://insidebitcoins.com/visit/dogwifcat" rel="noopener noreferrer nofollow"><span style="font-weight: 400;">DogWifCat</span></a><span style="font-weight: 400;"> became the latest token to explode with a 2,367% pump after launch.&nbsp;</span></p>
<p>”Much coin, such meme, add cat,” says the developer’s website. ”DogWifCat = so investment.”</p>
<p><span style="font-weight: 400;">Among other Solana meme coin stars to shine this year are the legendary Bonk (BONK), Myro (MYRO), Slerf (SLERF), and Smog <a href="https://insidebitcoins.com/visit/smog" rel="noopener noreferrer nofollow">(SMOG),</a>&nbsp;which recently unleashed a $1 million airdrop that concludes on April 3.</span></p>
<h3 id="span-style-font-weight-400-related-articles-span"><span style="font-weight: 400;">Related Articles:</span></h3>
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 <li style="font-weight: 400;"><a href="https://insidebitcoins.com/news/floki-price-prediction-floki-plunges-8-as-analysts-say-consider-this-solana-meme-coin-for-100x-gains" rel="noopener noreferrer nofollow"><span style="font-weight: 400;">Floki Price Prediction: FLOKI Plunges 8% As Analysts Say Consider This Solana Meme Coin For 100X Gains</span></a></li>
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Solana Is 2024’s Most Popular Blockchain, Fueled by Meme Coin Sensations Like WIF, BONK, And SLERF

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