The Memecoin TRUMP Sparks a Surge in Addresses on Solana

The frenzy of memecoins linked to Donald Trump has propelled the Solana ecosystem to new historical heights. According to a report from Copper.co, the number of new addresses on the Solana blockchain reached nearly 9 million before the inauguration of the American president.

The meteoric rise of Solana and Trump memecoins

The year 2025 marked a historical turning point for Solana. According to a report from Copper.co, based on data from Glassnode, the blockchain recorded nearly 9 million new addresses created in a single day, just before the inauguration of Donald Trump as president of the United States. The memecoin TRUMP, launched on January 17, fueled this explosive growth, instantly captivating millions of users.

With a total supply capped at one billion dollars, the TRUMP memecoin quickly reached an impressive market capitalization of 12 billion dollars. This success has positioned Solana as the go-to blockchain for memecoins.

This is all the more remarkable as Solana, once associated with controversial figures like Sam Bankman-Fried, has managed to rehabilitate its image.

However, some analysts remain cautious. “Although memecoins like TRUMP have boosted adoption, their real utility remains debatable”, emphasizes the report from Copper.co. Other experts see this phenomenon as an illustration of capitalism at work in the crypto ecosystem.

The rise of memecoins, a profitable strategy for Solana

Beyond the case of TRUMP, Solana has consolidated its position as the blockchain of choice for memecoins. In 2024, the network recorded a spectacular increase in its active wallets, reaching 100 million in October compared to just 500,000 at the beginning of the year.

This growth is largely attributed to Solana’s ability to handle fast and low-cost transactions, a major asset in a market dominated by cultural and community memes.

The launch of the MELANIA memecoin, linked to the first lady, also contributed to this boom. This token attracted nearly 500,000 users in just a few hours. However, doubts remain about its long-term viability, with some mentioning a risk of “rug pull” due to the high concentration of tokens in a single wallet.

This strategy does have its detractors. While memecoins promote the adoption and monetization of Internet cultures, their concrete utility remains limited. Nevertheless, the economic and media impact for Solana cannot be denied.

In summary, the enthusiasm for TRUMP and MELANIA memecoins has allowed Solana to redefine its positioning in the crypto market, attracting a new wave of users. While some doubt the sustainability of these trends, it is undeniable that this frenzy has expanded the horizons of the crypto ecosystem and strengthened Solana’s position as a key player.