Solana Memecoin Ecosystem Is Booming As SOL Hits $200, DOGE, RAY, GRASS, JTO, TRUMP See Jump

The Solana Memecoin Ecosystem is booming and this could be attributed to its native token, SOL, hitting the $200 level mark in the early hours of today.

Solana's native token hit the $200 level on Monday, boosting several memecoins on the Solana chain.

Solana (SOL) is currently valued at $196.65, after a surge of 3.23 % in the past one day. Over the past seven days, Solana has surged by 17.75%.

Several other memecoins from the Solana ecosystem also saw a jump on Monday.

Dogecoin (DOGE) is down by 3.45% (1d) in the past day, however, overall Dogecoin showed a surge of 20.6% in the past 7 days. At the time of writing, DOGE is exchanging hands at $0.192.

Raydium (RAY) saw a 24-hour increase of 11.38%, now priced at $$4.73. Raydium, an automated market maker (AMM) and liquidity provider built on the SOL blockchain for the Serum DEX, saw a surge of 50.02% in the past 7 days.

Solana based token GRASS, which rewards users for their unused internet saw a 24-hour increase of 13%, and is now priced at $2.96. Notably, its 7 day growth rate is at a massive 162.86%.

Jito Network (JITO) saw a 24-hour increase of 18.80%, and is now priced at $2.80. ORCA saw a 24-hour increase of 17.23%, now priced at $3.38. Kamino Finance (KMNO) saw a 24-hour increase of 14.77%, now priced at $0.111. Drift (DRIFT) saw a 24-hour increase of 7.34%, and is currently trading at $0.58. M2 exchange’s MMX saw a 24-hour increase of 16.23%, and is valued at $0.6886.

At the time of writing, CORGI saw a 24-hour increase of 19.29%, and is now priced at $0.001073.

Popular memecoin themed on hippo baby, Moodeng (MOODENG) saw a 24-hour increase of 25.85%, now priced at $0.2734. PUPS saw a 24-hour increase of 2.3%, now priced at $0.2385. TRUMP saw a 24-hour increase of 21.99%, now priced at $2.03. FARTCOIN saw a 24-hour increase of 34.5%, currently priced at $0.07931. LUCE saw a 24-hour increase of 21.70%, now valued at $0.06496. MANEKI saw a 24-hour increase of 24.79%, and is now priced at $0.008658.