- Solana meme coins are drawing more investor interest and active participation.
- Pumpfun’s buyback strategy boosts scarcity and elevates token value substantially.
- Growing meme coin popularity and market sentiment contribute to PENGU and FARTCOIN surges.
The Solana meme coin market is experiencing a notable surge, with tokens like Pumpfun (PUMP), Pudgy Penguins (PENGU), and Fartcoin (FARTCOIN) leading the charge. As of August 13, 2025, the total market capitalization of Solana-based meme coins stands at $13.4 billion, reflecting a 6.4% increase in the past 24 hours. This growth is accompanied by a 24-hour trading volume of approximately $4.97 billion, indicating heightened investor interest and activity in this sector.
Pumpfun Token Surge: Solana Meme Coin Gains
Pumpfun, the site where people are able to create and trade meme coins on the Solana blockchain, has seen a remarkable rise in the value of its token. The token of the platform, $PUMP, increased by 4.64% within 24-hours to a market capitalization of $1.3 billion.
This increase comes after the platform made a strategic decision of purchasing back its own tokens in the form of $33.13 million of tokens of the $PUMP. This repurchase decreased the minted supply which might increase the scarcity of the token and increased the value. Within the last several hours, Pumpfun has bought back 175.3 million PI coins at a total of 30.65 million or 0.766% of the total supply.
Pumpfun(@pumpdotfun) is buying back $PUMP, purchasing 175.3M $PUMP($705K) in the past 4 hours.
In total, Pumpfun has bought back 7.66B $PUMP($30.65M, 0.766% of the total supply).https://t.co/gSrNCjDzBvhttps://t.co/YmwXQyFTx2 pic.twitter.com/YWSiA5lpgE
— Lookonchain (@lookonchain) August 13, 2025
The Solana meme coin of the platform, $PUMP, increased by 4.64% within 24hours to a market capitalization of $1.3 billion.
This increase comes after the platform made a strategic decision of purchasing back its own tokens in the form of $33.13 million of tokens of the $PUMP. This repurchase decreased the minted supply which might increase the scarcity of the token and increased the value. Within the last several hours, Pumpfun has bought back 175.3 million PI coins at a total of 30.65 million or 0.766% of the total supply.
Solana meme coin Pudgy Penguins (PENGU) is also picking up prominence in the crypto market. In the recent past 24-hour, it has jumped by 10% with a current rate at 0.03654 making it one of the most performing among the large digital currencies. The growth has been explained by a bullish market sentiment towards meme coins and the increased attention towards PENGU.
Its prospects are bright to the analysts, particularly after a sweetened ETF filing awaits it through the Chicago Board Options Exchange (CBOE). The U.S. Securities and Exchange Commission (SEC) is also reviewing it and this might increase its credibility further.
The next $PENGU breakout could be massive! This setup is building fast with strong fundamentals:
– Pending ETF filing backed by CBOE
– SEC review in progress
– Expanding rapidly in Asia pic.twitter.com/r4JLrySad2— Ali (@ali_charts) August 13, 2025
With the token gaining increasing interest with its expansion into Asia, the enthusiasm behind PENGU is growing with many predicting a giant breakout in the upcoming weeks.
Fartcoin Price Sees Massive Surge, Market Gains
Fartcoin price has been skyrocketed by 20.8% to $1.06 increasing its market capitalization to $1.06 billion. This was a drastic change in value and it resulted in overall advancements in the cryptocurrency market.
Fartcoin (FARTCOIN) trading also increased by an impressive 104.80%, as $724.7 million of it was traded over the past 24 hours, indicating the increased attention of traders.
in conclusion, The boom in Solana meme coin such as Pumpfun, PENGU, and Fartcoin demonstrates the increasing investor interest, based on strategic buybacks, market mood, and increased penetration. Such tokens emphasize the increased popularity of meme coins in the crypto market.