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7 Best Solana Meme Coins in the Hopes of ETF Approval

Solana-based meme coins are gaining attention in the crypto market. They’ve outperformed major cryptocurrencies like Bitcoin and Ethereum recently. One of the most notable coins, Bonk Inu (BONK), has reached nearly 7,000% this year. Market expert Leshka believes the potential approval of Solana ETFs in the US could boost these tokens even more. 

Solana Meme Coins
Source: https://medium.com/@CoinPedia_Markets/top-3-solana-meme-coins-other-than-bonk-with-high-growth-potential-in-q1-2024-860f4ef11971

Leshka’s analysis highlights how Solana memes are driving the current market cycle. There are expectations for their growth, especially if the US Securities and Exchange Commission (SEC) approves Solana ETFs. The best Solana meme coins to watch are listed below: 


POPCAT is a cat-based meme coin that has increased 55% in the past two weeks. With a market capitalization of $441 million, it is now the fourth-largest meme coin on Solana, trading at $0.448. Leshka considers it a significant mid-cap meme with a strong community, despite lacking intrinsic value. 

  1. MICHI

Another cat-based meme coin, MICHI, is notable in the Solana ecosystem. The upcoming launch of MichiSwap, Michi NFTs, and the Michi NFT Marketplace could drive its price up in the coming months. 

  1. Bonk Inu (BONK)

Bonk Inu has gained significant attention, recording a 20% price increase in the past two weeks. It’s currently trading at $0.00002413. Originally supporting the Solana community, Bonk Inu has expanded its user base and integrated into decentralized finance (DeFi), cross-chain messaging protocols, and NFT marketplaces. This integration is key to its growth prospects. 

  1. Dogwhifhat (WIF)

Dogwhifhat is currently the top Solana-based meme coin by market cap, accumulating over $1.6 billion. Leshka believes Dogwhifhat symbolizes progress in futuristic transactions and appeals to forward-thinking individuals. Despite a 40% price drop in the past month, it remains a strong contender. 

  1. OBEMA

OBEMA is a political meme coin featuring Michelle Obama. It’s considered a risky investment with no inherent value or expected financial gain. However, Leshka notes the potential for a 10x-20x return if Joe Biden leaves the presidential race. 

  1. BODEN

BODEN, featuring Joe Biden, has seen its popularity decline. However, an unexpected event in the race for the White House could give it a boost, especially if Biden wins the election in November. 

  1. SOL

Solana’s native token, SOL, is also noteworthy. It was trading at $138.70, down over 13% monthly but up 540% year-to-date. 

Summary Table of Top Solana Meme Coins 


Current Price 

Market Cap 

Recent Performance 

Key Features 



$441 million 

55% increase in past two weeks 

Strong community 





Upcoming launch of MichiSwap, Michi NFTs 

Bonk Inu 



20% increase in past two weeks 

Integration with DeFi and NFT markets 



$1.6 billion 

40% price drop in past month 

Symbolizes progress in transactions 





Potential high returns based on elections 





Possible boost from unexpected events 




Down 13% monthly, up 540% year-to-date 



These Solana-based meme coins have captured the interest of many in the crypto market. With the potential approval of Solana ETFs, their future looks promising. Keep an eye on these coins for possible investment opportunities. 

July 9, 2024 at 5:00 pm

Updated July 9, 2024 at 5:00 pm


Remember, investing in cryptocurrencies involves risks, and it’s important to conduct thorough research and seek professional advice before making any financial decisions. (Please keep in mind that this post is solely for informative purposes and should not be construed as financial or investment advice.)


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