December 26th, 2025
Solana (SOL) being auctioned by FTX and Alameda Research will be made available for trading over the next four years.
As of now, the crypto whale still holds 12.87 million BODEN valued at $7.6 million and 1.87 million WIF valued at $5.7 million.
Despite the recent downturn in the prices of several notable meme coins over the last 72 hours, the meme coin mania may not be over just yet.
Meme coins, often inspired by internet memes or popular culture, have generally gained massive popularity in recent times.
The auction started on Friday and saw a fierce bidding war between two prominent bidders, Memeland, a crypto project, and GiganticRebirth, known within the crypto community as GCR.
Slerf (SLERF) core developer informed the community that over 50k SOL had been incinerated by mistake, but the team intends to make the presale investors whole again.
Solana has outperformed Ethereum and other Ethereum Virtual Machine (EVM) Layer-2 solutions as regards its 24-hour trading volume.
Solana market cap reaching an all-time high could increase bulls confidence on their way to breaking past the previous price ATH that was set more than two years ago.
BODEN’s surge in value is part of a broader trend of meme coins inspired by prominent figures such as politicians and celebrities.
With the current rally, PEPE has now regained its position as the third largest meme coin, dethroning BONK.
Both partners have rolled out a new crypto smartphone dubbed JamboPhone to make it easy for users in developing nations to access the Aptos blockchain.
BONK’s governing council has passed Revolut’s “Learn and Earn” campaign initiative. The memecoin plans to leverage Revolut’s market presence to expand its user base globally.
While short-term sentiment remains negative, most experts do not see this decline as doom just yet. A recovery in Bitcoin price is expected to increase investors’ confidence in altcoins too.
Solana, like many tokens, saw a price dip in the aftermath of the FTX collapse and the crypto winter but seems to be on the road to recovery.
Solana Mobile plans to significantly reduce the price to make the smartphone more competitive and affordable compared to Saga.