Fartcoin (FARTCOIN) Price Surges 25% to Hit $0.8889, Market Cap Rises to $891M

Fartcoin (FARTCOIN), a Solana-based meme coin, recorded a huge price gain, climbing more than 25% within 24 hours.

Fartcoin (FARTCOIN), a Solana-based meme coin, saw a huge price gain, climbing more than 25% to hit $0.8889 in the past 24 hours.

The Solana token is now trading at $0.8889, according to data from CoinMarketCap. At the time of writing, the meme coin had also seen its market cap rise to $891.07 million.

The token also clocked a massive 24-hour trade volume of $393.17 million, highlighting increased investor activity and demand for the Solana-based meme token.

Despite the meme coin’s recent recovery, it had earlier fallen closely to 90% from its January 2025 all-time high of $2.61.

One of the biggest drivers of Fartcoin’s price action was its futures listing on Binance in December 2024, which brought the Solana token to the attention of a broader crypto audience.

The coin’s price dropped sharply after the futures listing, and it fell into the $0.40 range, a level that saw strong interest from buyers, setting the stage for a rebound.

Looking at the chart, a rising wedge pattern seems to be emerging—a generally bullish indicator that suggests room for further growth. A rising wedge is a chart pattern that occurs when price action is contained within two converging lines.

The pattern is usually formed after a strong rally, and it suggests that sellers are gradually losing their grip on the market. This can lead to a breakout to the upside.

If the current momentum continues, Fartcoin could break past the $1 mark, which would represent an 87% weekly gain.

However, if selling pressure increases again, the coin could drop back to the $0.60 level, where another batch of buyers might step in.

At the moment, strong buying pressure and community hype are fueling hopes of a new high, especially as the token recovers from earlier corrections and regains visibility across trading platforms.