- DOGE is set to launch on Solana, a move that could draw fresh users and boost trading activity.
- Liquidity inflows may climb as DOGE expands cross-chain, increasing the odds of stronger price performance.
Over the past month, Dogecoin [DOGE] has maintained a bullish threshold, gaining 34.21%. It mirrored this trend over the last 24 hours with a modest 3.24% increase.
Now, an ecosystem shift may kickstart the next leg of its rally by expanding the memecoin to Solana.
DOGE heads to Solana via Wormhole bridge
In a recent announcement by Wormhole, DOGE, having over $36 billion in market cap, is set to launch on the Solana blockchain.
The bridge between DOGE and Solana will be facilitated through Wormhole’s interoperability technology, including the Native Token Transfers (NTT) framework and zero-knowledge proofs (ZKPs).
According to the press release, strong retail demand has played a significant role in accelerating this integration.
The memecoin is entering a network where Fartcoin [FARTCOIN], Pudgy Penguins [PENGU], and dogwifhat [WIF] gained 384%, 96%, and 66%, respectively, over the last 90 days.
For DOGE, which still holds the top spot among memecoins, this move could bring access to deeper liquidity from the Solana ecosystem.
At the time of writing, Dogecoin’s total value locked (TVL) sat at $4.66 million—a relatively low figure.
Expanding DOGE to Solana—combined with ongoing ecosystem growth—could help its TVL reclaim the $9.22 million all-time high, or even surpass it.
Historically, rising TVL has supported price appreciation and market cap growth by drawing in liquidity providers.
What is DOGE’s outlook?
Zooming out to the 1-week chart, DOGE has respected a rising support trendline—one that previously sparked a 404% rally.
If similar price action unfolds now, the memecoin could trend back to the $0.669 level.
A look at the chart shows DOGE is already on the move, with roughly 30% of the rally in progress.
Ecosystem shifts like this integration with Solana could play a key role in accelerating Dogecoin’s upward trend.
