Tether is integrating its USDT stablecoin into the Bitcoin Lightning Network using the Taproot Assets protocol.

The S&P 500 rose 0.53% on Thursday and is up 3.2% for the month, driven by positive tech earnings despite ongoing market volatility. Gold prices surged to a record high on Thursday due to safe-haven demand amid U.S. tariff threats. Spot gold rose 1.4% to $2,796.15 per ounce, while U.S. gold futures increased by 2% to $2,824. Coindesk Indices, an index measuring broader cryptocurrency market performance was up by 1.01%, with Bitcoin and Ether rising by 0.65% and 3.31%, respectively in the past 24 hours. Trade these markets and more with up to 500x leverage on Bybit MT5 using this 

Today's top performer is AR, which surged nearly 20.9% following KYVE's archiving of 10TB of Web3 historical data on Arweave.

Arweave (AR), launched in June 2018, is a decentralized platform for permanent data storage. It uses its AR cryptocurrency to ensure data permanence, offers easy web access, and partners with the Internet Archive to secure data preservation. KYVE has 

 over 10TB of compressed, trustless data onto Arweave, including historical chain data from Ethereum, Osmosis, Celestia, and Archway, making Web3 history easily accessible.

Check Out the Latest Prices, Charts, and Data of 

 its USDT stablecoin into the Bitcoin Lightning Network using the Taproot Assets protocol. This partnership, announced at the Plan B conference, aims to expand Bitcoin's functionality and allow USDT payments on Lightning. Tether, with a market cap of $139.4 billion, processed $10 trillion in transactions in 2024 and operates across multiple blockchains. The integration is expected to benefit users in emerging markets and support future transactions between AI agents and autonomous vehicles.

Yesterday, the BTC Spot ETF saw a total flow of $266.6 million, all from non-GBTC sources.

D3 is developing a DomainFi network on the Doma Protocol and has raised $25M from top VCs. They are partnering with projects like Solana Foundation and Avalanche. To potentially qualify for an airdrop, you can buy a domain for $10/year. Payments can be made with Ethereum or the domain's respective chain. Participation carries some risk.

Beginner

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Tether Brings USDT to Bitcoin Lightning Network

Our weekly crypto derivatives analytics report delves into macro events, the current state of crypto and trading signals from spot trading volume, as well as futures, options and perpetual contracts.

Markets faced a significant risk-off event early this week as DeepSeek's LLM announcement coincided with sharp declines in major indices and crypto markets. Despite the volatile sell-off in spot markets, open interest in perpetual swaps remained stable, with funding rates briefly turning negative before recovering. 

Options markets saw an increase in trading volume during the sell-off, although forward-looking volatility expectations declined. The period of positive funding rates for perpetuals ended due to bearish spot price action on Monday. In the options space, realized volatility fell below implied volatility, reflecting a small-scale repeat of the pre-inauguration term structure inversion. Notably, ETH options maintained a volatility premium over BTC options, while longer-dated volatility smiles exhibited a bullish skew toward out-of-the-money (OTM) calls.

Please check out the report’s highlights.

Options open interest data shows minimal change over the past week, except for the expiration and reopening of short-dated options. Despite the largest single-day trading volumes in call options this month — nearly $250M during the spot price sell-off — trade volume did not significantly impact volatility, which has declined for both realized and implied metrics. Positioning has split between short- and longer-tenor volatility smiles. Short-tenor options are exhibiting lower volatility and a neutral skew, while longer-dated volatility smiles are reflecting increased volatility expectations and a persistent bullish skew toward OTM calls, as has been the case since the election.

ETH options trading volume has surged over the past week, marking its strongest levels in a month. While late December 2024 and early January 2025 saw robust activity, recent data indicates a more active calls market, with open interest remaining heavily weighted toward calls. The early-week global market sell-off briefly shifted short-tenor ETH volatility smiles away from calls, reminiscent of the volatility term structure inversion seen before the inauguration. Despite ETH's spot recovery being weaker than BTC's, its options have maintained higher volatility levels.

Following last week's rally in spot price due to the launch of two presidential meme coins, Solana's price has retreated with the broader crypto market. However, positioning from the rally remains largely unchanged, with open interest in puts and calls remaining elevated and trading activity surpassing pre-rally levels. The stable levels of newly opened put options likely reflect protective buying intended to hedge profitable long positions in other instruments.

Advanced

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Bybit X Block Scholes Crypto Derivatives Analytics Report (Jan 29, 2025): Options Market Recovers From Monday’s Sell-Off

Phantom wallet has officially integrated Sui, making it the first Move-based blockchain and third Layer 1 supported on the platform. 

The S&P 500 fell 0.47% amid Fed rate pause and mixed tech earnings. Gold fell 0.4% as the dollar and Treasury yields rose after the Fed held rates steady, offering little clarity on future cuts. Coindesk Indices, an index measuring broader cryptocurrency market performance was up by 2.07%, with Bitcoin and Ether rising by 2.99% and 2.90%, respectively in the past 24 hours. Trade these markets and more with up to 500x leverage on Bybit MT5 using this 

Today's top performer is TAI, which surged nearly 38.6% following the unveiling of the Sona framework by TARS AI for cost-efficient AI computation.

TARS AI (TAI), launched in 2022, is a decentralized, multichain platform offering AI-powered tools to help web3 projects launch and manage tokens efficiently. Rebranded in 2023, it supports eight blockchains, including Ethereum and BNB Chain, with plans for expansion. TARS AI is set to 

 two custom frameworks in V1 of its AI Market, including Sona, a proprietary framework compatible with DeepSeek AI for efficient, low-cost computations. More details will be revealed in February.

, making it the first Move-based blockchain and third Layer 1 supported on the platform. This gives Phantom’s 15 million users access to SUI, enabling them to send, receive, swap, and interact with Sui-based tokens and dApps. Sui has rapidly grown, reaching over $2 billion in TVL and becoming a major destination for Ethereum outflows. Phantom's CEO praised Sui’s scalability and user experience, aligning with their multichain vision. The integration marks a significant step in expanding Sui’s adoption and accessibility.

Yesterday, BTC Spot ETFs recorded $120.4M in inflows, entirely from non-GBTC funds.

 tasks to boost Grass points, offering up to 30% in bonuses. Users can earn boosts by swapping $10K on Lifinity, trading meme coins on Fighthorse, or betting $1K on Skate x Polymarket. These points may play a key role in the Eclipse airdrop.

Phantom Wallet Integrates Sui, Expanding Access for 15 Million Users

Ondo Finance is deploying its tokenized U.S. Treasury fund, OUSG, on the XRP Ledger (XRPL) within six months, expanding institutional access to tokenized real-world assets. 

Daily Top Performer — Movement Labs (MOVE)

The S&P 500 rose 0.92%, rebounding ahead of the Fed’s rate decision. Gold climbed 0.8% to $2,762.02 as tariff uncertainties boosted safe-haven demand. Coindesk Indices, an index measuring broader cryptocurrency market performance was down by 0.32%, with Bitcoin and Ether dropping by 0.20% and 3.40%, respectively in the past 24 hours. Trade these markets and more with up to 500x leverage on Bybit MT5 using this 

Today's top performer is MOVE, which surged nearly 17.7% following the launch of Movement Network's Developer Mainnet, paving the way for the Public Beta.

Movement Labs (MOVE), founded in 2023, is a modular blockchain network powered by the Move language, aiming to enhance security, performance, and UX in decentralized networks. Its key products include Movement SDK, the M1 Layer 1 network, and M2, an Ethereum Layer 2 rollup. 

, allowing select developers to deploy apps and access new infrastructure. This phase builds on the Mainnet Beta and will run until mid-February. The next phase, Public Mainnet Beta, will introduce full permissionless app deployment and user onboarding. Movement Network is built for modularity, leveraging Celestia.

 its tokenized U.S. Treasury fund, OUSG, on the XRP Ledger (XRPL) within six months, expanding institutional access to tokenized real-world assets. Backed by BlackRock’s BUIDL fund, OUSG offers 24/7 minting and redemption via Ripple’s RLUSD stablecoin, enhancing liquidity and financial flexibility. The integration leverages XRPL’s institutional-grade infrastructure, compliance tools, and deep financial relationships to bridge DeFi and traditional finance, positioning XRPL as a key hub for tokenized assets.

BTC Spot ETFs saw a net outflow of $11.7 million, with no change in GBTC and all outflows from non-GBTC funds.

" quest is now live on Galxe, offering tasks to earn points that may be useful for a future airdrop. Participants can complete onchain transactions, explore dApps, join social activities, and more. Week 1 is already underway!

Ondo Finance Brings Tokenized U.S. Treasuries to XRP Ledger for Institutional DeFi

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Memes

Altcoins

As the Solana's meme coin market booms in 2024, dive into the top Solana meme coins such as WIF, BONK, PENG, BOME, SLERF and more.

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 (SOL) meme coin niche of the crypto market continues to feature some of the strongest category growth rates, amassing a combined market cap of $8.75 billion and attracting the attention of crypto investors, including those who have previously shunned meme coins. It's easy to see why wider segments of investors and traders are paying closer attention to Solana meme coins, as these assets often feature growth rates and return opportunities that are hard to source elsewhere in the market. 

This review looks at the 13 best Solana meme coin projects, crypto assets that are part of a burgeoning and paradigm-defining category.

Over the past year (mid 2023–mid 2024), Solana has become a major competitor to 

 (ETH) for meme coin projects. The best Solana meme coins are featuring unprecedented growth rates, and two projects have already amassed market caps in excess of $2 billion. While the category is characterized by wild ups and downs, it harbors some of the best profit opportunities around for investors not shy of high-risk/high-return markets. 

Below, we review the 13 best meme coins on the Solana network, crypto assets that are quickly transitioning from being only a source of jokes and fun to becoming potentially viable investments for traders with a penchant for risk and humor.

Our review reports on market caps and prices as of Jul 26, 2024. Naturally, given the volatility of meme coins in general, the precise figures may change past our review date.

 (WIF) is the current leader of the Solana meme coin rankings. Launched in November 2023, WIF features a picture of a cute dog wearing a hat. WIF is among the earlier Solana meme coins that have driven the rise in its blockchain's popularity for these assets since late 2023/early 2024.

Until late February 2024, WIF had been a relatively minor coin within the overall crypto industry and Solana ecosystem. At the tail end of February, the coin began to rapidly appreciate, igniting the initial sparks of the Solana meme coin frenzy. Between Feb 24, 2024, when it traded at a level slightly below 30 cents ($0.2974), and Mar 31, 2024, when it climbed to an all-time high (ATH) of $4.83, the coin grew by 1,524% 

 a spectacular growth rate that WIF owes both to its enthusiastic user community and the overall rise in interest in Solana meme coins.

Although WIF's price has retreated from its March/April highs, it maintains a category-leading market capitalization of around $2.58 billion, trading at $2.59 on Jul 26, 2024.

 (BONK) is often referred to as the original dog-themed Solana meme coin. Although its launch occurred well before the active phase of the Solana meme coin mania, which only set in on a grand scale in early 2024, BONK was the first coin to help popularize Solana as a key alternative to Ethereum for meme coin issuers.

The entire first half of 2024 proved to be highly successful for the coin. In early March 2024, at a time when Solana-based meme coins were taking the market by storm, BONK reached its ATH of $0.00004547. It then quickly dropped off these highs, but was back hovering around the $0.00004 level by late May. It currently trades at $0.000028, and has the second-highest market cap among Solana meme coins at around $1.97 billion.

 (POPCAT) is a cat-themed project that allows users to create and share their own meme coins. The coin is based on a viral internet meme depicting a cat named Oatmeal. In the meme, Oatmeal's image with an open mouth is edited to shape it like the letter “O”. Popcat also features a simple clicker game where you 

 to let its mouth pop “O”, with the clicks added in real time to accumulate as part of a worldwide total.

Launched in December 2023, POPCAT began climbing confidently in price and market cap rankings in March 2024. However, it wasn't until July 2024 that the coin entered the top echelon of Solana meme coins. On Jul 21, 2024, POPCAT nearly approached the psychologically important $1 billion market cap level. 

Its current market capitalization is $846.5 million, and it’s the third-highest-capped Solana meme coin, behind WIF and BONK. POPCAT's current price is $0.8488.

 (MEW) is a meme coin created to overthrow the dog-dominated meme coin world. MEW's spellbinding story — its cat character as superhero, seeking to save his friends from the evil dogs reigning over a futuristic world — and its innovative tokenomics have piqued the interest of investors. MEW’s tokenomics are cleverly crafted to boost its potential value by burning 90% of its total token supply as 

Launched in late March 2024, MEW is a newer player in the Solana meme coin niche. Within five days of its launch, it skyrocketed to a market cap of $685.2 million. While it slumped shortly after achieving its ATH in March 2024, MEW recently emerged as one of the 

 in July 2024 to become the fourth-biggest Solana meme coin project by market cap. MEW currently trades at $0.0077 and has a market cap of $685.43 million. 

 (BOME) project aims to provide a platform for storing and sharing memes. As such, Book of Meme is quite different from most other meme coins, thanks to its meaningful real-world functionality.

Similar to MEW, BOME was launched in March 2024, surprising both crypto analysts and the Solana community when its market cap catapulted from virtually nothing on the day of launch (Mar 14, 2024) to over $1 billion just three days later. Since its spectacular debut in mid March, BOME has been among the highest-capped Solana meme coins. Although the coin no longer features those +$1 billion market cap levels, it's still among the leading coins in the niche, with a current cap of $571.66 million. BOME currently trades at $0.00818.

While dogs and cats seem to be the most popular animals for Solana meme coin themes, monkeys and apes — traditionally revered in the crypto community since the days of the Bored Ape Yacht Club (BAYC) — have been going nowhere.

 (PONKE) is a Solana meme coin themed around a monkey described as a "degenerate gambler with anger issues." The coin was launched in late December 2023, and soon afterward it received endorsements from crypto influencers and fervent support from its social media fan base — the “Ponke army.” 

In early May 2024, PONKE's price and market cap grew rapidly, quickly establishing it as one of the leading players in the Solana meme coin market. On May 9, 2024, the coin's market cap stood at just $65 million — and only two and a half months later, by Jul 26, 2024, that figure had grown nearly fivefold to reach $312.4 million. PONKE currently trades at $0.5964.

 (BILLY) is a meme coin represented by a cute puppy named Billy, a playful twist on the word "billions," as it aims to be worth "

ions." It was launched recently (mid June 2024), and started making waves within two weeks of its launch, shooting up from a low of $0.0266 on Jun 27, 2024 to reach $1.19 by July 6. BILLY continues to stay strong in its uptrend, achieving an ATH of $0.2315 as recently as Jul 21, 2024. Currently, it’s the eighth-largest Solana meme coin by market cap at $172.05 million, trading at $0.1865.

Remarkably, BILLY achieved this success without any apparent use cases or activity on its website, which is developing a Billy meme generator. Users can create their own memes to further enhance the coin’s appeal within the community. When this generator bot is unveiled, BILLY is expected to jump to new heights — and possibly take a seat among the top five Solana meme coins.

 (MICHI) is a Solana meme coin themed around a cute cat named Michi. The Michi cat is depicted in numerous memes on the project's website, wearing various outfits, reading a book and playing musical instruments.

Launched in April 2024, MICHI started attracting the attention of meme coin traders the following month. By late May, the coin's market cap nearly touched the $200 million mark before intense competition in the field led to a fourfold decline to about $50 million one month later. By late July, however, MICHI was confidently on the way up, recovering to a market cap of $159.9 million. The MICHI coin currently trades at $0.2818.

If the avalanche of cat- and dog-themed meme coins has become boring for you, you might like the bull-themed Mumu the Bull (MUMU) coin. While it’s a classic meme coin without real-world utility, Mumu the Bull still pursues a noble and rather rebellious mission: "To dethrone the establishment and forge the ultimate decentralized currency."

Launched in March 2024 at a time when many other Solana meme coins hit the market, MUMU attempted to ride the wave of the niche's popularity. Between its launch and our review date, the coin has largely been on a long-term uptrend, although with frequent local ups and downs in its price journey. While many Solana meme coins are off their historical peaks, achieved either in March/April or late May 2024, MUMU is scaling heights it hasn't seen before. MUMU hit its new ATH of $0.00007819 just a day ago and currently trades at $0.00007306 with a market cap of $165.49 million.

 (MYRO) is yet another dog-themed Solana meme coin. The coin was inspired by Myro — the dog of Solana's co-founder Raj Gokal. The Myro project is distinct from the majority of other Solana meme coins because it features some crypto products with real-world utility. For instance, Myro’s team has released the first crypto-buying bot for Telegram, the Myro Buy Bot. There are also plans for the future release of a SocialFi mobile app.

Released in November 2023, MYRO reached its pinnacle of success in early March 2024 when its ATH surged to $0.4428, with the coin posting its record-high market cap of slightly over $400 million. By the time of this review, MYRO is trading at $0.144, with a market cap of $148.05 million. While never the exclusive leader of Solana meme coins, MYRO has consistently maintained its ranking around the tail end of the top 10 of these cryptos.

 (WEN) is a Solana meme coin themed around a robotic cat. WEN has leveraged the concept of 

 to come up with something quite unique — every WEN holder is entitled to a fractional NFT that’s part of a poem called "A Love Letter to Wen Bros.” The poem was written by 

, the founder of the Jupiter DEX. Meow originally posted the poem on X and turned it into an NFT with fractional ownership.

Launched in January 2024, and at its peak in March, WEN crossed the $360 million mark in market cap. The coin has dropped off these highs since, currently featuring a market cap of $105.56 million and trading at $0.00014.

 (MANEKI) is a meme coin project inspired by the famous Japanese 

 figurine in the form of a cat waving its arm. The figurine is said to bring good luck, wealth and happiness. Launched in April 2024, MANEKI is a relatively new player in the world of Solana meme coins. Less than two months after its launch, in early June, the coin recorded a market cap of over $170 million, becoming a notable player in the niche.

Similar to many other meme coins, MANEKI has retreated from its earlier highs by now. It currently has a market cap of $88.05 million, and is trading at $0.010.

The inventive mind of Solana meme coin issuers has something for fantasy lovers as well: the 

 (ORC) project has departed from the tradition of dedicating coins to animals, and instead has themed their meme coin on a legendary orc who loves to collect gold.

Launched recently on Jul 12, 2024, ORC began rallying just a week later to reach an ATH of $0.01816 by Jul 21, with its price maintaining this level. This was a significant success for the coin, a relatively low-cap asset compared to the meme coins we've covered above, with a current market cap of nearly $15.67 million.

Think you know all about Solana meme coins? Till Aug 4, 2024, you can join the 

What to Consider When Investing in Solana Meme Coins

Evidently, Solana meme coins can make you rich overnight. However, similar to other projects in crypto, high returns carry high risks. As such, keep the following considerations in mind when buying Solana meme coins.

While meme coins provide a lucrative avenue to make riches, they’re also filled with pump-and-dump projects and 

. You can potentially lose your assets in the blink of a second. Therefore, with meme coins, gauge your 

 and consider whether you’re prepared for any losses.

It’s true that very few meme coins have any actual use cases. You’ll need to 

 the specific project's vision and learn whether it’s promising and can impact the crypto space. 

You may find that some of these projects have sparse information — which, in most cases, is a red flag.

, a strong community (or an “army”) is needed to create buzz around the project. You can visit the project’s social media pages, especially X, Discord and Telegram, to see what the community says about the project.

Diversification is key when investing. With meme coins, invest no more than you’re willing to lose. To cushion yourself, invest in other crypto assets, such as 

The meme coin narrative is quite sensitive to market movements. Watch how the crypto market is performing, especially 

, since meme coins respond heavily to how these assets move.

 (CEXs). We highly recommend Bybit, which provides a user-friendly platform with advanced security measures for you to trade meme coins. You can also buy these meme coins through Solana DEXs, such as 

, or through Solana wallets like Phantom.

The Solana meme coin mania hasn’t gone unnoticed by the crypto community. It’s brought attention back to Solana, a leading blockchain in the web3 space due to its scalability and its fast and cheap transactions.

These meme coins have proven that a strong community spirit coupled with technological innovation can lead to limitless possibilities. However, meme coin investors need to understand the psychology of meme coins, and appreciate that they’re high-risk assets. Regardless, let’s keep an eye on the Solana meme coin space as the bull run continues to unfold.

All trading carries risk. Only risk capital you can afford to lose.

13 Top Solana Meme Coins Worth Noting in 2024

Grab Up to 5,000 USDT in Rewards

Grab Up to 5,000 USDT in Rewards