Solana Memecoins Explode Overnight: WIF and POPCAT Surge as Investors Eye Potential for Multi-Month Highs

The Solana blockchain, the largest network by active addresses, experienced a dramatic surge overnight. With a total trading volume of $13.76 billion, it contributed to 12.28% of the overall market volume of $112 billion. This surge has been particularly impactful for Solana memecoins, with WIF and POPCAT showing significant price increases exceeding 5%. Investors are closely watching the price action of these tokens as they seek to capitalize on the momentum.