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Home CRYPTO

Solana ETFs Gain Steam—And Meme Coins Might Ride the Wave

by Drop Gorn
June 28, 2025
in CRYPTO, FINANCE, MEMECOINS, OPINION, SOLANA
Reading Time: 3 mins read
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  • Solana ETF approval odds near 92%, possibly boosting meme coins
  • Fartcoin and Bonk dominate with $1B caps; Popcat and PENGU bring unique flair
  • Meme coins are risky—but could fly if ETF capital flows into the Solana ecosystem

Solana ETFs are shaping up to be a real possibility in 2025. Odds of approval are now sitting pretty close to 92%, and a unique workaround involving staking seems to have nudged a spot SOL ETF closer to liftoff. That shift has brought meme coins built on Solana into the spotlight—because if capital starts flooding in, these coins might be among the first to catch fire.

Let’s take a peek at four meme coins on Solana that are, frankly, kinda wild but potentially game-changing.

Fartcoin (FARTCOIN): From Joke to Juggernaut

What started out as a goofy, AI-infused meme has turned into something way bigger. Fartcoin’s sitting at around a $1 billion market cap (yep, seriously). It doesn’t try to be anything other than what it is: weird, loud, and completely community-driven. Somehow, that combo’s worked, pulling in traders who want fun and action.

JUST IN: $1.6 billion AUM Invesco Digital files for Solana $SOL ETF pic.twitter.com/tTGHagNF2P

— BlockNews (@blocknewsdotcom) June 25, 2025

Bonk (BONK): Solana’s Doge With an Edge

Bonk’s often pegged as Solana’s answer to Dogecoin, but it’s got its own flavor. With its own token burns and a tight link to Solana’s DeFi/NFT scene, it’s become kind of the poster child for serious meme tokens. And yeah—it’s also brushing against that $1 billion mark. If any Solana meme coin is “the one,” Bonk might be it.

Popcat (POPCAT): Pure Meme Energy

Popcat’s a smaller player, sure, but with its $275 million market cap and meme-heavy appeal, it’s not one to ignore. It leans deep into internet culture, gamified staking, and a wild community vibe. Think less “investment thesis” and more “vibes and virality”—and sometimes, that’s all a coin needs.

Pudgy Penguins (PENGU): The NFT Star Turned Meme Coin

PENGU has roots in Ethereum’s NFT world but now struts around in Solana’s backyard. Sitting at about $750 million in market cap, Pudgy Penguins has taken its cuddly branding and loyal community and built out a full meme-coin crossover. With events, collabs, and merch, it’s got real-world clout backing the meme.

Final Thoughts: Meme Coins Poised for a Breakout?

If that Solana ETF gets the green light, it won’t just be SOL that pops. Meme coins with strong stories, active fans, or even just great memes could rocket up. Fartcoin and Bonk are leading the pack, but Popcat and Pudgy Penguins offer a creative twist for those hunting the next big thing.

Tags: $PenguBonkETFFartcoinPOPCATPudgy PenguinSolana
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