Solana has emerged as a prime ecosystem for meme coin projects because of its ultra-fast transactions and minimal fees – two factors that make it easy to trade and mint humorous and entertaining new tokens. Over the past day, top Solana meme coins like Official Trump and Pudgy Penguins have posted double-digit gains, signaling that investor interest is heating up.
With Bitcoin touching the $100,000 mark today, traders are now scouring the Solana network for potential hidden gems before the next bull wave fully unfolds.
Below, we’ll review four of the most talked-about Solana meme coins showing high potential for upside in 2025.
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Pudgy Penguins
Launched in December 2024, Pudgy Penguins (PENGU) is the official token of the popular Pudgy Penguins NFT brand. Even before the token’s launch, the Pudgy Penguins NFTs had become an internet sensation – especially after partnerships with major retailers like Walmart and Target for toys and collectibles.
When the PENGU token went live, it came with one of the most lucrative airdrops ever, as Pudgy Penguins NFT holders received tens of thousands of dollars’ worth of free tokens.
Soon after its launch, market hype propelled PENGU’s market cap to around $2.69 billion, with the price hitting an all-time high of roughly $0.07. The meme coin unfortunately couldn’t maintain this valuation amid a broader market downturn, and had declined by over 90% from its peak by April 2025.
Nonetheless, PENGU has now broken out of its months-long downtrend, rallying as much as 288% off its April lows so far. The token now trades above its 100-day EMA, which is often seen as a bullish sign of renewed momentum.
A few months back, the project’s team had discussed ways to expand PENGU beyond Solana, possibly integrating with Ethereum and a specialized Layer 2 called Abstract. This multi-chain expansion could open the door to a broader audience, potentially driving another leg higher in the months ahead.
Solaxy
As one of the hottest newcomers in Solana’s meme coin scene, Solaxy (SOLX) is building Solana’s first-ever Layer 2 network.
What sets Solaxy apart from purely hype-driven tokens is its focus on solving Solana’s occasional (but persistent) network congestion. Solaxy’s L2 architecture has been configured to bundle large numbers of transactions off-chain, then finalize them in optimized batches on Solana’s mainnet.
You can think of this process like the rollup approach used on Ethereum – except it’s tailored to serve Solana’s high-speed base layer. This method should help to keep fees low and throughput high – and enable meme coins on Solana to keep pace with rising network traffic.
Backed up by a humorous branding approach that mixes astronomy with the Pepe the Frog character, Solaxy has real potential to help Solana scale further. The team plans to integrate governance features later down the line, letting SOLX holders influence future project adjustments.
Right now, Solaxy is still in its presale and has raised over $33.6 million in early funding. Each SOLX token is priced at just $0.001718, offering early buyers an opportunity to get in before the project goes mainstream.
You can also stake SOLX for an annual reward of up to 119% pa.
Official Trump
Launched in January 2025, Official Trump (TRUMP) debuted alongside Donald Trump’s second inauguration, aiming to capitalize on the president’s global fanbase and the swirl of media attention that followed him back into office.
Built on Solana, the coin has a max supply of 1 billion tokens, with only 200 million initially circulating. Within its first few days, TRUMP reached an all-time high of over $75 after an endorsement on Trump’s social media platform, Truth Social.
As the euphoria cooled off, TRUMP token has since settled to about $12. While the token is still around 83% below its all-time high, it’s still large enough to maintain a market cap of around $2.4 billion – making it Solana’s biggest meme coin by capitalization.
Any big news from Trump (policy shifts on crypto or general media coverage) could spur renewed interest in the meme coin. The coin is already widely available on major exchanges, meaning any meme coin rally could quickly funnel more volume into TRUMP.
Popcat
Popcat (POPCAT) is based on the internet-famous cat “Oatmeal,” which is known for its looping mouth pops. The meme surfaced in 2020 and attracted millions of fans over the years. By late 2023, a group of developers transformed this viral cat into a Solana-based token, and the market responded with huge enthusiasm.
Early adopters of POPCAT saw exponential gains – roughly a 23,000% increase between early 2024 and November 2024, sending prices from under a penny to around $2.07.
A steep correction occurred afterward, which is typical in the meme space. However, the coin’s community support remains strong.
POPCAT recently landed a listing on Robinhood alongside Pudgy Penguins, which triggered a nearly 15–20% pump in March. Although after another downtrend, the meme coin is currently up nearly 250% over the past month.
If Solana-based meme coins regain mainstream hype, POPCAT has plenty of room to grow in the upcoming bull run.
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.
