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Cryptocurrency News Articles
The Signs of a Meme Coin Rally Are Getting Clearer — and It's Not Just Due to Social Media Trends
Apr 23, 2025 at 02:00 pm
On-chain growth is now driving the excitement. Solana's Total Value Locked (TVL) recently reached its highest point ever
The signs of a meme coin rally are getting clearer — and it’s not just due to social media trends.
On-chain growth is now fueling the excitement, with Solana’s Total Value Locked (TVL) recently reaching its highest point ever. This shows a surge in capital flow, higher engagement, and a solid setup for meme coins linked to Solana.
Such TVL spikes in the past were followed by major moves in related assets. With more funds moving into Solana-based platforms and meme coin buzz building, the pieces are coming together for a big breakout.
Here’s a look at the top meme coin to buy now, alongside others that are gaining strong traction, starting with Dragoin ($DDGN).
1. Dragoin ($DDGN): The Rising Meme Coin Set to Deliver Huge Gains
As Solana-based coins like Bonk and Wifhat build hype, Dragoin ($DDGN) is rolling off Ethereum with a bold presence. It’s a play-to-earn coin programmed directly on Telegram, where crypto users are most active.
The Dragoin setup lets people hatch, train, and battle dragons in a simple game. These in-game actions reward $DDGN, helping drive actual use and ongoing demand, in contrast to coins that rely solely on speculation.
One major detail stands out: Dragoin’s current price is just $0.0000292, while the launch price is set at $0.002. That means early backers could see a massive increase of nearly x70, especially with each presale round burning unsold coins to limit supply further.
While coins like Bonk and Wifhat are already charting high in the Solana ecosystem, Dragoin is taking a different route. It has a built-in Telegram audience, a fun gameplay model, and future plans including NFT dragons, major listings on Uniswap and Bittrex, and dragon battle tournaments.
This makes a strong case for why Dragoin is the top meme coin to buy now.
2. Solana Hits Highest Ever TVL: Why It’s a Game-Changer
New data from Defi Llama shows that Solana’s TVL has now climbed to $4.65 billion — its highest level ever. This growth is driven by a major rise in DeFi activity, NFT usage, and a shift in capital back to projects on Solana.
This isn’t just a number on a chart — it shows how much liquidity and belief is flowing into the chain. When TVL goes up, demand for Solana-native assets and meme coins usually follows.
Similar trends in 2021 and 2023 saw meme coins like SHIB and PEPE rally massively on Ethereum, and coins like Arbiroll and Squid Game went up hugely on BSC. Solana might be next in line.
Here are the meme coins that look ready to benefit, including one building big buzz across Telegram and beyond.
3. Bonk (BONK): Solana’s Meme Pioneer
After launching in late 2022 with a popular airdrop, Bonk brought new life to Solana during a slower market phase. It stood out not just for memes but for keeping the spirit of the Solana community going.
With Solana’s TVL surging again, Bonk’s strong support base may help push it to another major run.
4. Dogwifhat (WIF): The Internet’s Meme Favorite
The pink-beanie-wearing Shiba Inu known as WIF may seem like a joke, but it has become part of Solana’s internet culture.
Gaining huge traction in early 2024, Wifhat grew quickly without any actual use case, but its community strength and viral appeal made it a top pick among traders.
With activity on Solana increasing, Wifhat might get back into the spotlight.
5. Solaxy (SOLX): Meme Culture Meets Tech
Solaxy is bringing something fresh — a Layer-2 platform designed to handle the growing demand from meme coins. It saw strong support during its presale and aims to solve Solana’s Layer-1 issues while also giving meme coins space to flourish.
This mix of technical focus and meme culture has made Solaxy popular on DEX platforms and in crypto social media.
With Solana’s momentum, Solaxy may become a launchpad for future meme hits.
Top Meme Coins to Buy Now– Final Call!
Meme coins are again in focus as Solana's TVL hits record highs. This surge in chain activity and rising meme energy could push select projects to new highs.
Bonk, Wifhat, and Solaxy are all solid picks within Solana's fast-growing scene. But Dragoin stands out with its unique setup, Telegram use, and early pricing. It may not just be another name, it's the top meme coin to buy now.
If SHIB, DOGE
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