Solana Ecosystem Thrives BOME WIF and BONK Lead with DoubleDigit Growth in 24 Hours

CoinPost reported:
Due to VanEck ETF applications, the prices of memecoins in the Solana ecosystem have skyrocketed; BOME, WIF, and BONK have risen due to increased speculation and trading volume in the market.
In the past 24 hours, memecoin prices based on Solana have surged by double digits. This bullish trend is driven by investment firm VanEck’s recent application to launch the first Solana ETF in the United States, sparking speculation in the market.
The prospect of this ETF has injected optimism into the Solana ecosystem, leading to an increase in trading volume for related memecoins.
Despite the growing interest in Solana, Bloomberg analyst James Seyffart states that the ETF is unlikely to launch this year. He pointed out that the listing of this ETF requires significant regulatory changes, which may be influenced by changes in the White House and the leadership of the U.S. Securities and Exchange Commission.


Book of Meme (BOME)
After a bearish trend in the past 24 hours, the bullish momentum of BOOK OF MEME (BOME) has reemerged. Previously, the coin successfully rose to become the cryptocurrency with the largest increase on CoinMarketCap and reached a 7-day high.
As a result, the price of BOME fluctuated between a high and low of $0.01073 and $0.00901 respectively. At the time of writing, the trading price of BOME is $0.0107, a 17.20% increase from the lowest point in the past 24 hours.


During this surge, the market capitalization and 24-hour trading volume of BOME rose by 16% and 124% respectively, reaching $736,722,054 and $179,342,372.
Solana Memecoin Dogwifhat (WIF)
Despite a tug of war between bulls and bears in the past 24 hours, Dogwifhat (WIF) has also experienced positive changes, with the price fluctuating between a high of $2.24 and a low of $1.98.
However, despite the rebound, WIF has still fallen by 37% in the past month, a 56% decline from the all-time high of $4.85 in March. At the time of writing, the trading price of WIF is $2.11, a 5.20% increase from the support level, and a 4.75% increase from last week.


Meanwhile, the market capitalization and 24-hour trading volume of WIF have increased by 5.13% and 16.20% respectively, reaching $2,113,248,571 and $556,121,389. This significant growth reflects investors’ increased interest, especially against the backdrop of traders anticipating an explosive surge if the Solana ETF is approved.
Bonk (BONK)
The memecoin Bonk (BONK) on Solana experienced a bearish trend earlier, with bears pushing its price down to $0.0000215 and forming support at that point.
However, BONK subsequently rebounded, reaching a new high of $0.00002493 after a 15% increase.


However, despite signs of recovery, the price of BONK is still down 40% and 49% from last month’s high of $0.00004704. During this recovery period, the market capitalization and 24-hour trading volume of BONK have increased by 11% and 40% respectively, reaching $1,668,475,548 and $267,138,277.