Solana Memecoin Fartcoin Price Surges 104%: Is It the Next Big Crypto Bet?

Fartcoin, a meme coin formed on the Solana blockchain, shocked traders by surging 104% in a single week. As tracked in weekly performance metrics, it was the leading asset, alongside Solana (SOL). On April 10, Fartcoin reached a high of $0.87, despite a broader cryptocurrency market dip influenced by U.S. President Trump’s tariff policy. His monetary stance wiped around $160 billion from the market in April, but Fartcoin remained one of the best-performing assets.

This demonstrates the meme coin’s resilience and market appeal. Unlike traditional tokens, Fartcoin price thrives on community-driven hype, yet its movement aligns with key technical indicators. While Solana dropped by 2% the same week, the Fartcoin price’s upward trend suggests strong investor confidence.

Strong Technical Indicators Signal More Upside

The Fartcoin rally can be attributed to a breakout from the traditional bull flag pattern. Yesterday, it crossed the upper level of this pattern, setting a projected target of $0.95. This move is typically viewed as a continuation signal, and when combined with rising volume, it can lead to a significant upward trend. With strong technical support, many traders view this pattern as a bullish confirmation of sustained momentum. Fartcoin price also holds firmly above its 50-4H and 200-4H EMAs, which regularly act as dynamic support. As long as the asset remains above these moving averages, the possibility of reaching $0.95 remains intact. In a volatile crypto market, such clear technical setups often attract traders.

Fartcoin Outpaces Solana and Rival Memecoins

While Solana continues to be a major participant in blockchain technology, its 2% weekly dip highlights that even strong networks are not immune to market pressure. Fartcoin’s performance underscores how meme coins can perform for their native blockchains in a short time. According to CoinMarketCap data, Fartcoin price recorded over $446 million in 24-hour volume, while Bonk and Shiba Inu reported $129 million and $319 million, respectively. Despite lacking listings on leading exchanges such as Binance and Coinbase, Fartcoin price is gaining traction through organic interest.

This surge in volume reflects growing engagement, a key factor in sustaining overall performance in the crypto market. Among Solana-based memecoins, Fartcoin now ranks third-largest by volume, outperforming others like Trump (TRUMP), which fell over 25% in April. This indicates a shift in investor interest toward newer, hype-driven tokens.

Is This a Repeat of PEPE’s Success Story?

Analysts have begun comparing Fartcoin’s trajectory to PEPE, another memecoin that soared from a $300 million to a $3 billion market cap between 2023 and 2024. A similar pattern may be forming, particularly in terms of community hype and increasing spot volume. One analyst, @theunipcs, emphasized that the Fartcoin rally mirrors PEPE’s early surge. With over $300 million in daily trading volume, Fartcoin attracts attention from retail traders and institutional buyers seeking early momentum. In addition, Fartcoin’s on-chain transaction values surpass those of its competitors. Although the Trump meme coin reported slightly higher volume, Fartcoin processed nearly double the amount of transferred value, indicating higher utility and consumer engagement.

What’s Next: Will Fartcoin Gain or Decline Soon?

The biggest question investors now face is whether Fartcoin can sustain its upward momentum. The outlook appears bullish given its strong technicals, high transaction values, and outperforming volume. If the token maintains support above its exponential moving averages and the RSI remains balanced, it may reach the $0.95 target. Moreover, gaining listings on leading exchanges could substantially accelerate its growth, as seen with previous memecoins. However, like any other asset in the crypto market, Fartcoin’s price is subject to external volatility, regulatory changes, and wider economic trends. Its future depends on whether developers and the community. While short-term indicators are favorable, long-term sustainability hinges on maintaining relevance and expanding utility.

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