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 The Solana network is the most popular block<a rel="noopener noreferrer nofollow" title="chain" href="https://thebittimes.com/tag/chain.html">chain</a> ecosystem this year as eruptions of meme coin mania around tokens like Dogwifhat (WIF) help fire it to prominence.&nbsp;
 That’s according to new research by CoinGecko, which shows Solana accounting for 49.3% of global investor interest in <a rel="noopener noreferrer nofollow" title="chain" href="https://thebittimes.com/tag/chain.html">chain</a>-specific narratives.&nbsp;
 “Solana ecosystem’s dominant mindshare has been fueled by Solana’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.
 Ethereum place second with almost a 13% share of global block<a rel="noopener noreferrer nofollow" title="chain" href="https://thebittimes.com/tag/chain.html">chain</a> traffic for the year through Mar. 18, followed by BNB Chain with a little more than 5%, CoinGecko said.
 <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 Top 20 Most Popular Block<a rel="noopener noreferrer nofollow" title="chain" href="https://thebittimes.com/tag/chain.html">chain</a> Ecosystems on CoinGecko
 1. Solana 2. Ethereum 3. BNB Smart Chain 4. Cosmos 5. Avalanche 6. Arbitrum 7. Base 8. Sei 9. Sui 10. Polygon 11. TON 12. zkSync 13. Cardano 14. Polkadot 15. Metis 16. Fantom 17. Injective 18. PulseChain 19. Aptos 20. Hedera
 — CoinGecko (@coingecko) March 20, 2024
 </blockquote>
 
 <h2 id="span-style-font-weight-400-the-solana-price-broke-200-for-the-first-time-in-two-years-span">The Solana Price Broke $200 For The First Time In Two Years</h2>
 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. 
 Approximately $11 billion in transactions were executed on the Solana block<a rel="noopener noreferrer nofollow" title="chain" href="https://thebittimes.com/tag/chain.html">chain</a> 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.
 Solana experienced a similar surge in trading volume 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. 
 SOL even managed to briefly dethrone Binance Coin (BNB) as the fourth largest crypto by market cap before BNB reclaimed the position.&nbsp;
 <h2 id="span-style-font-weight-400-binance-listing-pushed-sol-meme-coin-hype-into-overdrive-span">Binance Listing Pushed SOL Meme Coin Hype Into Overdrive</h2>
 The hype around Solana meme coins spiked after Binance announced that it would list new meme coin sensation Book of Meme (BOME), causing the altcoin’s price to pump. 
 Along with its soaring value, BOME’s market cap soared from near zero to almost $1 billion within just two days of trading.
 Hardly a day seems to pass without another Solana meme coin bursting on the scene, and yesterday DogWifCat became the latest token to explode with a 2,367% pump after launch.&nbsp;
 ”Much coin, such meme, add cat,” says the developer’s website. ”DogWifCat = so investment.”
 Among other Solana meme coin stars to shine this year are the legendary Bonk (BONK), Myro (MYRO), Slerf (SLERF), and Smog (SMOG),&nbsp;which recently unleashed a $1 million airdrop that concludes on April 3.
 <h3 id="span-style-font-weight-400-related-articles-span">Related Articles:</h3>
 <ul>
 <li style="font-weight: 400;">Floki Price Prediction: FLOKI Plunges 8% As Analysts Say Consider This Solana Meme Coin For 100X Gains</li>
 <li style="font-weight: 400;">Coinbase Plans Dogecoin Futures, Says DOGE Has “Transcended” Meme Origins</li>
 <li style="font-weight: 400;">5 Top Crypto Presales 2024: Unveiling the Most Anticipated Opportunities!</li>
 </ul>
 Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/solana-is-2024-s-most-popular-blockchain-fueled-by-meme-coin-sensations-like-wif-bonk-and-slerf-tbt83284.html">https://thebittimes.com/solana-is-2024-s-most-popular-blockchain-fueled-by-meme-coin-sensations-like-wif-bonk-and-slerf-tbt83284.html</a>
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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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