Popcat Soars Amid Exchange Reserves Drop, Indicating Long-Term Investor Confidence

The Solana meme coin, Popcat (POPCAT), has experienced a strong resurgence, driven by investor buying activity and decreasing exchange reserves. The token climbed for four consecutive days, hitting its highest point since March 25th, and has surged by nearly 100% from its lowest point this month. Analysts attribute this rise to the increased interest in DeFi applications and growing institutional investments within the Solana ecosystem.