Solana Memecoin Season 2024 event

Event · PageRank 0.0022

Overview

2024 was the year Solana became the dominant venue for memecoin trading. Tokens such as BONK, dogwifhat (WIF) and BOOK OF MEME (BOME) drove enormous volume — WIF reached a peak market capitalisation of about $4.7 billion in March 2024, the highest for a Solana dog-themed memecoin, while BONK built the widest holder base on the chain with more than 800,000 addresses. The launch of Pump.fun in January 2024 industrialised the trend by letting anyone mint and trade a token in under a minute, and it went on to launch millions of tokens and generate hundreds of millions of dollars in revenue. The activity drove demand for SOL, which reached highs around $295 during the 2024-into-2025 run.

Within the DeFi Intel graph, Solana Memecoin Season 2024 connects to 3 tracked entities, most strongly to Pump.fun, BONK, dogwifhat.

Relations

Top connections in the DeFi Intel knowledge graph (confidence-weighted, 3 of 3 total).

Frequently asked questions

Which tokens defined Solana's 2024 memecoin season?

BONK, dogwifhat (WIF) and BOOK OF MEME (BOME) were among the most prominent, alongside later entrants such as PNUT.

How large did WIF get?

dogwifhat peaked at a market capitalisation of about $4.7 billion in March 2024, the highest ever recorded for a Solana dog memecoin.

What role did Pump.fun play?

Pump.fun launched in January 2024 and made minting and trading a memecoin nearly frictionless, becoming central to the boom, launching millions of tokens and generating hundreds of millions in revenue.