🕒 Posted on: 7/25/2025 10:03:31 PM UTC
Solana Memecoins Drive Trading Frenzy as HBAR and BCH Outpace Flat BTC, ETH

Hedera (HBAR) and Bitcoin Cash (BCH) Surge as Solana Memecoins Dominate Trading Activity

The crypto market is showing mixed signals today, with major cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH) trading flat while altcoins such as Hedera (HBAR) and Bitcoin Cash (BCH) post impressive gains. Meanwhile, memecoin activity is heating up across Ethereum, Binance Smart Chain (BSC), and Solana, with Solana-based tokens leading in volume and speculative interest. Below, we break down the key trends and highlight the most promising—and risky—opportunities.

Ethereum: Steady Volume with Selective Memecoin Breakouts

Ethereum’s memecoin scene remains active but selective, with ENA leading in 24-hour volume ($15.3M) and buy pressure (1,092 buys). Other notable performers include PEPE ($4M volume) and Mog ($5.2M volume), both showing sustained trader interest. However, high gas fees continue to deter smaller traders, making ETH memecoins a playground for deeper-pocketed participants.

Actionable Advice:

  • Trade: ENA and PEPE are seeing consistent demand—consider short-term swings.
  • FOMO Caution: Low-cap ETH memecoins often face rug risks—stick to higher-volume plays.

Binance Smart Chain (BSC): High Volume but Low Memecoin Momentum

BSC’s activity is dominated by stablecoin pairs (USDT/WBNB at $208M volume), but memecoins like BabyGrok ($1M volume, 9,949 buys) and AGT ($4M volume, 12,695 buys) are seeing unusual buy pressure. However, most BSC memecoins lack sustained momentum compared to Solana’s frenzy.

Actionable Advice:

  • Watch: AGT’s high buy count suggests organic interest—monitor for breakout potential.
  • Avoid: Low-volume BSC memes often fade quickly—prioritize liquidity-rich tokens.

Solana: The Undisputed Memecoin Leader

Solana is where the real action is, with multiple memecoins posting multi-million dollar volumes. Standouts include:

  • Bonkyo ($30M volume, 68K buys) – Massive retail participation.
  • Fartcoin ($43M volume) – Absurd name, serious trading activity.
  • DQUACK ($770K volume, 15K buys) – High buy-to-volume ratio signals strong interest.

The sheer number of buys across Solana memecoins suggests a retail-driven frenzy, but sustainability remains questionable.

Actionable Advice:

  • Trade: Bonkyo and Fartcoin have liquidity—ride the wave but set tight stops.
  • Extreme Caution: Many Solana memes are pump-and-dump candidates—don’t overcommit.

Market Trends & Top Coins to Watch

  • Altcoin Strength: HBAR (+7.71%) and BCH (+6.59%) are outperforming—watch for continuation.
  • Memecoin Mania: Solana dominates, but ETH’s ENA and BSC’s AGT are outliers worth tracking.
  • Stablecoin Dominance: USDT/USDC pairs see heavy volume—signaling cautious capital rotation.

Final Advice for Traders & Investors

  • Short-Term Traders: Focus on Solana memes with high buy counts (Bonkyo, Fartcoin).
  • Swing Traders: Consider HBAR and BCH if bullish momentum holds.
  • Long-Term Investors: Stick to BTC/ETH accumulation—memecoins are high-risk gambles.

The market is in a speculative phase—trade actively but stay disciplined to avoid meme-fueled wipeouts.

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