
Solana’s Meme Coins Are Booming: $PUMP Jumps 77% as Snorter Enters the Market
Pump.fun and Solana Meme Coins See Big Gains
Pump.fun, a popular launchpad on Solana, is making waves with its $PUMP token jumping 77% in just a week.
In July, the project launched a buyback program, using profits to buy back $PUMP. This helped boost the token’s price and rewarded long-term holders.
Although $PUMP dropped from its all-time high of $0.012 earlier in July, recent marketing and rewards for creators have pushed the token back up to $0.0087. Many believe this could signal a full recovery and even another rally.
Creator Rewards and Community Support
Pump.fun is attracting strong community support through its creator program, which rewards meme coin creators every time someone trades their tokens. This success is also inspiring new Solana projects like Snorter Token ($SNORT), which is gaining attention from both whales and small traders hoping for big returns.
Solana Meme Coin Momentum
The positive effect of $PUMP is spreading across Solana’s meme coin scene:
- $FREYA jumped 97% in 24 hours
- $SCAM rose 50%
- $QSTAY climbed 48%
- Overall trading volume increased by 8.57%
Other popular tokens like Bonk ($BONK), Dogwifhat ($WIF), and Mogcoin ($MOG) are also seeing strong activity. Notably, $WIF’s 24-hour trading volume rose 77%.
Solana Network Upgrades
Solana recently approved a new consensus protocol, Alpenglow, which will cut transaction time from ~12 seconds to just 150 milliseconds. Other upgrades, like Firedancer, aim to boost speed, reduce costs, and improve decentralization. These improvements are expected to attract more developers and investors.
Snorter Token ($SNORT) Presale Nears $4M
Snorter Token powers the Snorter Bot, a Telegram trading bot for Solana and Ethereum meme coins. Holders benefit from:
- Reduced trading fees (down to 0.85%)
- Advanced sniping & copy-trading tools
- Higher trading limits
- Rugpull/honeypot detection
The presale has already raised $3.9M, with tokens priced at $0.1047. Early buyers can stake $SNORT for a huge 118% APY.
A recent whale invested $107K, but even a small $100 investment today would give you around 954 tokens. With staking, that could grow to over 2,000 tokens in a year.
Analysts predict $SNORT could reach $1.02 by the end of 2025 and $0.40 in 2026, showing strong potential for long-term growth.