Solana Meme Coins Surge as Whale Invests $5.86M

A major whale investor has injected a substantial sum into Solana-based meme coins, sending ripples through the crypto market. The investment, valued at $5.86 million, resulted in profits of roughly $658,000 for the investor as reported by blockchain analytics platform Lookonchain on May 19th, 2025. This large allocation underscores a growing interest in Solana’s meme coin sector, potentially boosting market activity across the crypto landscape.