Solana has quietly become the go-to blockchain for meme coins — and the numbers back it up. The Solana meme coin category holds a multi-billion dollar total market cap, according to CoinGecko —Solana has quietly become the go-to blockchain for meme coins — and the numbers back it up. The Solana meme coin category holds a multi-billion dollar total market cap, according to CoinGecko —
Best Solana Meme Coins to Know and How to Buy Them
Solana has quietly become the go-to blockchain for meme coins — and the numbers back it up.
The Solana meme coin category holds a multi-billion dollar total market cap, according to CoinGecko — making it one of the most active meme ecosystems in crypto.
This guide covers what Solana meme coins actually are, which ones have made a name for themselves, and how to buy them on MEXC.
- New to Solana? Start with our complete beginner's guide to Solana.
Key Takeaways
- Solana meme coins are community-driven tokens built on the Solana blockchain, with no underlying utility or technology.
- Solana's base transaction fee is just 0.000005 SOL, making it one of the most cost-efficient blockchains for meme coin trading.
- The most established Solana meme coins include BONK, WIF (Dogwifhat), POPCAT, PENGU, and Fartcoin.
- Most Solana meme coins are launched as SPL tokens and traded on both centralized exchanges and decentralized exchanges (DEXs).
- Rug pulls, extreme volatility, and low liquidity are the primary risks when trading meme coins on Solana.
- Always verify a token's contract address on CoinMarketCap or CoinGecko before making any purchase.
What Are Solana Meme Coins?
Solana meme coins are cryptocurrency tokens built on the Solana blockchain, typically inspired by internet culture, jokes, or viral moments rather than any underlying technology or utility.
They are issued as SPL tokens — Solana's native token standard, comparable to Ethereum's ERC-20 — which means transactions settle in seconds at a base fee of just 0.000005 SOL per transaction, according to Solana's official documentation.
That combination of near-zero fees and fast execution is exactly why meme coins on Solana have exploded in volume.
Unlike Bitcoin or Ethereum, which have clear technical use cases, most Solana meme coins are driven entirely by community energy, social media momentum, and viral appeal.
Their value rises and falls with hype cycles — making them one of the most unpredictable assets in crypto.
Top Solana Meme Coins List
Bonk (BONK)
Launched on Christmas Day 2022, BONK is widely considered Solana's original community meme coin — it airdropped 50% of its total supply directly to Solana users including NFT collectors and developers, according to CoinGecko.
That grassroots launch helped it grow into one of the longest-standing tokens in the Solana meme coin ecosystem, with over 350 on-chain integrations built by its community.
Dogwifhat (WIF)
Dogwifhat launched in November 2023 and quickly became one of the fastest-growing tokens in Solana history — the image of a Shiba Inu dog in a pink knitted hat turned into a billion-dollar cultural moment, according to CoinGecko data.
WIF reached an all-time high of $4.83 and briefly held one of the highest market caps in the entire Solana meme coins list, demonstrating just how far viral branding alone can take a token.
Popcat (POPCAT)
POPCAT is built around the viral "Popcat" internet meme featuring a cat named Oatmeal, and launched as a fully community-owned SPL token with no team allocation, according to CoinMarketCap.
The project added a gamified leaderboard mechanic where users compete by country — a feature that kept engagement alive long after the initial launch hype faded.
Pudgy Penguins (PENGU)
PENGU is backed by the well-known Pudgy Penguins NFT brand and launched on Solana in late 2024, quickly drawing significant trading activity on its first day, according to CoinGecko.
It stands out among the top Solana meme coins for having an established brand identity and a community following that spans both the NFT and meme coin markets.
Fartcoin (FARTCOIN)
Fartcoin is exactly what it sounds like — a humor-first meme coin on Solana that gained traction during a wave of absurdist tokens in late 2024 and appeared on multiple Solana meme coin tracking platforms by community momentum alone.
It has no utility claims, no roadmap, and no pretense — which, paradoxically, became part of its appeal to a community tired of overpromising crypto projects.
How to Buy Solana Meme Coins on MEXC
Buying Solana meme coins on MEXC is straightforward — here's how to do it step by step:
- Step 1 — Create a MEXC account: Go to mexc.com, sign up with your email, and complete identity verification.
- Step 2 — Deposit funds: Add USDT or another supported asset to your MEXC wallet via bank transfer, card purchase, or crypto deposit.
- Step 3 — Search for the token: Use the search bar on MEXC to find the specific Solana meme coin you want to trade, such as BONK, WIF, or POPCAT.
- Step 4 — Verify the token details: Always confirm the contract address matches the official token to avoid buying a counterfeit version.
- Step 5 — Place your order: Choose between a market order (instant, at current price) or a limit order (executes only at your target price).
- Step 6 — Secure your assets: After your purchase, consider moving tokens to a personal non-custodial wallet for long-term storage.
MEXC charges 0% maker and 0.05% taker fees on spot trading.
- Ready to trade? Follow our step-by-step meme coin buying guide.
Risks of Trading Meme Coins on Solana
Trading Solana meme coins carries serious financial risk — and anyone getting started should understand exactly what those risks look like.
The most immediate danger is extreme price volatility. Meme coins on Solana can surge hundreds of percent in hours and collapse just as quickly, since their value is tied almost entirely to social media sentiment rather than any underlying business or technology.
Rug pulls are another major concern. Because launching a new SPL token on Solana requires minimal technical skill and costs almost nothing, bad actors regularly create tokens, hype them up, and then drain liquidity — leaving buyers with worthless assets, as noted across multiple CoinMarketCap project analyses.
Low liquidity in newer or smaller tokens amplifies this risk further — a single large sell order can crash a coin's price by 50% or more in minutes.
Always verify contract addresses through CoinMarketCap or CoinGecko before buying, start with small position sizes, and never invest more than you can afford to lose entirely.
Frequently Asked Questions
Is Solana a meme coin?
No — Solana (SOL) is the native cryptocurrency of the Solana blockchain network, while meme coins are separate community-driven tokens that are built on top of the Solana blockchain.
How do I buy Solana meme coins?
You can buy Solana meme coins on a centralized exchange like MEXC by depositing funds, searching for your target token, and placing a spot trade order.
How do I trade meme coins on Solana?
Trading meme coins on Solana involves using either a centralized exchange (like MEXC) or a decentralized exchange (DEX) such as Jupiter or Raydium, after funding your account with SOL or a stablecoin.
How do I find new meme coins on Solana?
New Solana meme coin launches can be tracked in real time using CoinGecko's Solana meme category page or CoinMarketCap, which list tokens by market cap, volume, and recent addition date.
What is bundling in Solana meme coins?
Bundling refers to a practice where a single operator uses multiple wallets to buy a token simultaneously at launch, artificially creating the appearance of broad demand and inflating the initial price.
How do you short Solana meme coins?
Shorting Solana meme coins typically requires access to a derivatives platform that offers perpetual futures contracts on the relevant token, allowing traders to profit if the price falls.
How do you create a meme coin on Solana?
Creating a meme coin on Solana can be done through no-code launchpad platforms like Pump.fun, which allow anyone to mint and deploy an SPL token without writing any code.
Conclusion
Solana meme coins are one of the most fast-moving, high-risk corners of the crypto market — and that's exactly what makes them appealing to a certain kind of trader.
Whether you're researching the best Solana meme coins to watch or already know what you want to buy, the key is using a reliable, low-fee platform and keeping your position sizes in check.
MEXC offers spot trading for a range of Solana meme coins with 0% maker fees — a practical starting point for anyone exploring this market.
- Want the full picture? Read our complete guide to Solana (SOL) for fundamentals and ecosystem overview.
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