⚡Memecoin outlook: Solana and Ethereum-based tokens to watch in 2025
- Solana meme coins stole the spotlight, with the likes of $PENGU, $FART, and $GIGA taking over the crypto market this year. But the one token that stood atop them was $POPCAT. The latter managed to post a 6,000% rise year to date.
The Solana meme coin narrative is getting stronger, and this could give POPCAT the necessary boost to make it back up towards $2.10 and higher. But if inventors exhibit profit-taking in the coming days, this recovery could be challenging, sending POPCAT lower.
- Ethereum is the biggest home of meme coins and hosts the leaders $DOGE and $SHIBA. However, the breakout token on this chain was $SPX, which grew by 9,362% in the year to date.
The altcoin caught on to the trend and managed to attract the interest of meme coin enthusiasts. This made it one of the 15 biggest meme coins in the world, holding a market cap of $748 million.
Ethereum will continue to dominate this space owing to prejudice and precedent established by old meme coins. Nevertheless, it might face tougher competition from Solana as the chain is significantly cheaper.
- Base-chain-based meme coins did not witness growth as significant as Ethereum and Solana-based did. However, one standout meme coin was $BRETT, which witnessed an unprecedented 12,800% growth in the past 12 months.
Given the dominance of Ethereum and the superiority of Solana, Base Chain might find it difficult to dominate this sector. Nevertheless, it will be interesting to witness how much Base meme coins could develop in 2025.
