Fartcoin’s price has rebounded strongly, exceeding the $1.00 mark and currently trading around $1.15 after experiencing an increase of 4.68% in the past 24 hours. This resurgence comes amidst growing market participation and bullish sentiment surrounding the meme-based cryptocurrency. Analysts attribute this positive trend to expanding decentralized finance (DeFi) applications and increasing institutional investments. Notably, Fartcoin’s market cap has surged to approximately $1.17 billion according to Solana blockchain data, a significant jump in recent months. While still trailing behind WIF and BONK who recently reached $5 billion market caps, Fartcoin’s price action demonstrates a strong upward trajectory.