The whale’s top holdings include Dogwifhat (WIF), Fartcoin (FARTCOIN), Popcat (POPCAT), Bonk (BONK), and Cat in a Dog’s World (MEW). Total current value is 6.62 million USD, reflecting a notable increase.
Solana’s application revenue reached 1.2 billion USD in Q1 2025, spurred by increased on-chain trading linked to the rise of these memecoins. This shows a shift in investor sentiment and active trading despite recent volatility.
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