Over the weekend, crypto took a hit due to the drama in the Middle East – but it has recovered fast.
Bitcoin, Ethereum, and especially Solana made a strong comeback from their recent lows.
This uptick has also boosted the Solana meme coin market, with DogWifHat and Snorter seeing some of the biggest gains.
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Solana Bounces Back After a Difficult Weekend
It was rough for crypto over the past couple of days.
Tensions between Iran, Israel, and the US had traders scrambling for the exits.
Nearly a billion dollars of leveraged positions got wiped out, and crypto lost about $40 billion of value overall.
But things turned around fast after Trump announced a ceasefire.
Bitcoin jumped back above $105,000, and Solana climbed even faster, up 14% from its weekend lows to hit $145.
Spot trading volume shot up too, jumping 30% to $5.8 billion.
SOL holders are now pointing out a possible bull flag forming on the 1-hour chart, hinting we might see another leg up soon.
The next stop could be resistance around $158 – assuming things stay calm in the Middle East.
It seems like everyone’s optimistic about SOL again, at least for now.
Solana Meme Coins Surge After Crypto Market Rebounds
With the market calming down, traders are back to hunting risky bets, and Solana meme coins are taking off again.
DogWifHat has been a standout performer – it’s up 21% in just the past day, now trading at $0.87.
Bonk and Fartcoin joined the party, both seeing double-digit gains.
But Useless Coin beat everyone, rising over 27% and hitting a $133 million market cap.
Even new coins like Solaxy, which launched just yesterday, are exploding in price.
SOLX has hit a $91 million market cap in less than 24 hours and saw over $7 million in volume on Uniswap alone.
It’s already gained over 90% – and actually rose by 125% before pulling back slightly.
Clearly, retail traders are feeling bold again.
And given Solana’s own strength, today’s rally could be just the beginning of something bigger.
Snorter Joins the Meme Coin Rally With New Trading Bot & $1.2M Presale Raise
Speaking of meme coins, Snorter is starting to attract attention – and not just because of hype.
Snorter comes bundled with something practical: a Telegram-based trading bot called “Snorter Bot.”
This bot lets you swap, snipe launches, and manage meme coin trades directly within Telegram chats, making the ridiculous world of meme trading much easier to navigate.
Built on Solana, it’s lightning-fast and cheap to use.
Better yet, cross-chain compatibility is coming soon, allowing it to work seamlessly on Ethereum and providing users with access to more coins.
The market likes this mix of degen branding (complete with an aardvark mascot) and actual utility.
Investors have jumped in quickly, pumping over $1.2 million into SNORT’s presale – an impressive start for any new meme coin.
Right now, SNORT tokens are on offer for just $0.0961 each.
But that price will only last for one more day before the next presale stage kicks off and prices increase.
YouTuber ClayBro – who has a track record of spotting explosive meme coins early – is bullish on SNORT.
He thinks presale investors should “prepare for big gains.”
ClayBro noted that Snorter has already been audited by Coinsult and SolidProof, and boasts a fast-growing X (Twitter) presence.
With an endorsement like this, Snorter is quickly gaining credibility, making it one to watch as the market recovers.
This publication is sponsored. CryptoDnes does not endorse and is not responsible for the content, accuracy, quality, advertising, products, or other materials on this page. Readers should do their own research before taking any action related to cryptocurrencies. CryptoDnes shall not be liable, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with use of or reliance on any content, goods, or services mentioned.
