Solana, Ethereum Tokens To Watch

Meme coins are already the biggest talking point in the crypto space owing to their absurdity and explosive rallies. However, they are not the biggest category of tokens yet. In fact, meme coins rank 21 when it comes to their market cap in the crypto market.

Nevertheless, the emergence of meme coins has been volatile, and by the looks of it, 2025 might be a key year for their growth. Thus, BeInCrypto has analyzed the top meme tokens from the top chains and how well they could fare.

Solana Meme Coins

Solana meme coins stole the spotlight, with the likes of Pudgy Penguins, Fartcoin, and Gigachad 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.

POPCAT managed to rise up to $2.10 towards mid-November, marking the new ATH. However, since then, the meme coin has not been faring well, as it fell by 64% to trade at $0.74 at the moment.

Thus, making it back up to the top and rallying further is a little difficult in the short term. Nevertheless, the altcoin would have a shot at recovery and growth provided it can reclaim $1.00 as support again.

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.

Discussing the future of Solana meme coins, Lennix Lai, CCO at OKX Global, told BeInCrypto that there is a lot to look forward to.

“The token ecosystem narrative goes deeper than pure numbers, though they’re certainly telling – Solana continues to see over 250,000 new tokens weekly (272,000, 276,000, and 251,000 launched on DEXs over the past three weeks – respectively), far outpacing any other network. Solana’s extra low costs, near-instant finality, and strong creator culture drove 2024’s massive meme token wave, transforming these technical advantages into a thriving ecosystem with unique social dynamics and community-driven momentum,” Lai stated. 

The rapid growth of Solana meme coins makes it apparent that this chain could become the second biggest home of joke tokens.

Ethereum Meme Coins

Ethereum is the biggest home of meme coins and hosts the leaders Dogecoin and Shiba Inu. However, the breakout token on this chain was SPX6900 (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.

SPX is trading at $0.80 at the time of writing but has been stuck under the barrier of $0.91 for the past two months. Despite the broader market noting gains, the meme coin’s short-term outlook has been bleak.

Flipping $0.91 is crucial for SPX to make it back up to the all-time high of $1.19, which stands nearly 50% away from the current price. The critical support for the meme coin is at $0.56, which has kept the altcoin afloat for the most part recently.

Losing this support could invalidate the bullish thesis and result in extensive losses to the investors. This could also lead to higher selling as SPX holders would opt to secure their gains.

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

Base-chain-based meme coins did not witness growth as significant as Ethereum and Solana-based did. However, one standout meme coin was Brett (BRETT), which witnessed an unprecedented 12,800% growth in the past 12 months.

Currently trading at $0.125, BRETT is far below the ATH of $0.236, which was established this month. The meme coin is dependent on the broader market bullish cues to make it back up top. 

The altcoin is holding above $0.100, which is the critical support level for BRETT, and losing it is unlikely. However, heavy selling at the hands of investors could lead to a drop below $0.100, which could shake the investors’ confidence.

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.

Other notable meme coins:-

• Pepe (PEPE) – Ethereum-based meme coin that rose by 1,140% in the year to date (YTD).
• Fartcoin (FARTCOIN) –  Solana meme coin that entered the $1 billion market cap club.
• Bonk (BONK) – Solana meme coin that is still holding a place in the top 5 meme coins.
• Turbo (TURBO) – Ethereum meme coin that shot up by 2,800% YTD.