🐸 Trending coins watch: Market pulls back 5%, while Solana tokens buck the trend and dominate search rankings
A quick look at the market: Total market cap is $2.844 trillion, down 5.3% over 24 hours. $BTC is at 83,284 (-2.6%), Ethereum is at 2,573 (-4.6%), and BTC dominance is 58.8%. Amid a broad market decline, capital is clearly flowing into the Solana ecosystem.
🔍 Highlights from today's trending list (live data):
• RAY (Raydium): Up 12.5% over 24 hours, at 2.47; up 26% over 7 days. Market cap: $670 million; 24-hour trading volume: $220 million. Its 24-hour range is 2.11–2.55, with a clear surge on rising volume. As a leading Solana DEX, it is a key beneficiary of capital flowing back into the ecosystem.
• MET (Meteora): Up 40.1% over 24 hours, at 0.457, and ranked No. 2 on the trending list. A leading DLMM protocol in the Solana ecosystem, it shares the liquidity sector with Raydium, with a pronounced correlation between the two.
• PRL (Pearl): Up 25.8% over 24 hours, at 1.42. A new face in Solana DeFi, rapidly gaining attention.
• On the meme front: inu wif sword surged more than 11-fold in 24 hours to take the top spot on the trending list, a classic low-market-cap meme coin speculative move. Meanwhile, established meme coins such as TRUMP (-7.4%) and PENGU (-5.6%) are pulling back—the meme sector is sharply divided.
📌 Summary: A market structure where the broader market is weak but the ecosystem is strong. Solana DeFi tokens (RAY/MET) are backed by real trading volume, giving their momentum greater staying power. Meme coins that have surged purely on hype are extremely volatile and carry high chasing risk; watch trading volume before making a decision.
⚠️ The above is for reference only and does not constitute investment advice.
A quick look at the market: Total market cap is $2.844 trillion, down 5.3% over 24 hours. $BTC is at 83,284 (-2.6%), Ethereum is at 2,573 (-4.6%), and BTC dominance is 58.8%. Amid a broad market decline, capital is clearly flowing into the Solana ecosystem.
🔍 Highlights from today's trending list (live data):
• RAY (Raydium): Up 12.5% over 24 hours, at 2.47; up 26% over 7 days. Market cap: $670 million; 24-hour trading volume: $220 million. Its 24-hour range is 2.11–2.55, with a clear surge on rising volume. As a leading Solana DEX, it is a key beneficiary of capital flowing back into the ecosystem.
• MET (Meteora): Up 40.1% over 24 hours, at 0.457, and ranked No. 2 on the trending list. A leading DLMM protocol in the Solana ecosystem, it shares the liquidity sector with Raydium, with a pronounced correlation between the two.
• PRL (Pearl): Up 25.8% over 24 hours, at 1.42. A new face in Solana DeFi, rapidly gaining attention.
• On the meme front: inu wif sword surged more than 11-fold in 24 hours to take the top spot on the trending list, a classic low-market-cap meme coin speculative move. Meanwhile, established meme coins such as TRUMP (-7.4%) and PENGU (-5.6%) are pulling back—the meme sector is sharply divided.
📌 Summary: A market structure where the broader market is weak but the ecosystem is strong. Solana DeFi tokens (RAY/MET) are backed by real trading volume, giving their momentum greater staying power. Meme coins that have surged purely on hype are extremely volatile and carry high chasing risk; watch trading volume before making a decision.
⚠️ The above is for reference only and does not constitute investment advice.