Solana (SOL) Meme Coins Soar, Dwarf Ethereum 8x as Political Tokens Rise: WIF, BONK and TRUMP in Focus

The first half of 2024 saw a surge in the meme coin market, with Solana meme tokens exceeding Ethereum’s. CoinMarketCap’s H1 2024 report, shared via X by analyst Lark Davis, highlights this trend. According to the data, Solana meme coins have surpassed Ethereum meme coins by an 8-times margin YTD. The report further shows that