The next wave of meme coin mania may already be brewing — and the trigger this time isn’t just social media buzz, it’s blockchain fundamentals. Solana’s Total Value Locked (TVL) has just hit a new all-time high, signaling surging on-chain activity, rising investor confidence, and most importantly, a strong setup for altcoins and meme tokens riding the Solana ecosystem.
Historically, high TVL moments precede major rallies in associated assets. With meme coin season building momentum and Solana’s ecosystem flush with capital, the stars are aligning for some explosive breakouts. Let’s break down the meme coins poised to take full advantage of this bullish setup — including the new beast on the block: Dragoin ($DDGN).
Solana TVL Sets New Record — Here’s Why It Matters
According to recent data, Solana’s TVL has soared to $4.65 billion, the highest level in its history. This surge reflects a massive uptick in DeFi activity, NFT adoption, and capital rotation back into Solana-based projects.
More importantly, TVL isn’t just a metric — it’s a proxy for confidence and liquidity. High TVL means more money locked in decentralized apps, which increases demand for native assets and meme coins alike. In 2021 and 2023, similar spikes preceded meme coin bull runs on Ethereum and Binance Smart Chain. Now, Solana’s turn may be next.
With that in mind, here are some meme coins positioned to capitalize — including the one that’s taken the meme world by storm.
Bonk (BONK): The Original Solana Meme Coin
Launched with a now-iconic airdrop in late 2022, Bonk quickly became the face of Solana meme culture. It injected life back into the ecosystem during the bear market, delivering both entertainment and early returns. What separates Bonk from other meme coins is its continued presence — not just as a joke, but as a symbol of Solana’s community resilience. As TVL grows, so does Bonk’s relevance, and its grassroots momentum could fuel another parabolic move.
Dogwifhat (WIF): The Viral Icon
A Shiba Inu wearing a pink beanie might seem like a meme in passing, but Dogwifhat (WIF) is now a cultural artifact in the Solana community. What began as an absurd meme gained explosive traction in early 2024, with WIF reaching a sizable market cap despite zero intrinsic utility. The secret? Vibe. WIF thrives on community-driven virality and relentless posting, and that alone has made it a trader favorite. As Solana heats up again, WIF may return to its top-performer status.
Solaxy (SOLX): Layer-2 Hype Meets Meme Culture
Solaxy is Solana’s first native Layer-2 built with meme coin scalability in mind. Its presale success has been substantial, and its narrative — solving L1 congestion while supporting memecoin launches — hits the sweet spot between technical innovation and retail hype. Solaxy positions itself as both infrastructure and entertainment, which is why the project has gained major traction on DEXs and crypto Twitter. As Solana’s TVL rises, Solaxy could emerge as the meme coin gateway for future Solana-based tokens.
Dragoin ($DDGN): The Meme Coin to Rule Them All
While Solana-based tokens are heating up, one Ethereum-based meme coin is cutting through the noise — and flying higher than any dragon before it. Meet Dragoin ($DDGN), the Telegram-powered, play-to-earn meme coin that’s currently dominating 2025’s presale charts.
Dragoin is built for engagement. Users hatch, train, and battle their dragons in a gamified experience that lives natively on Telegram — where crypto communities are most active. Every in-game interaction earns $DDGN tokens, fueling demand in a real, sustainable way.
But the real kicker? Dragoin is currently priced at just $0.0000292, while the confirmed launch price is $0.002. That gives early investors the potential for a 100x return — with every presale stage burning unsold tokens to drive scarcity.
As other meme coins prepare to ride Solana’s wave, Dragoin is carving out its own path — with a built-in audience, sticky gameplay, and a roadmap that includes NFT dragons, exchange listings, and tournament rewards.
This isn’t just another meme — it’s the coin everyone will wish they bought early.
Final Thoughts: Bull Run Incoming — and Meme Coins Will Lead It
With Solana’s TVL hitting record highs, on-chain activity booming, and meme culture back in the spotlight, we’re staring at a recipe for the next major meme coin explosion.
Projects like Bonk, WIF, and Solaxy are perfectly positioned within the Solana ecosystem to benefit from rising capital flows. But it’s Dragoin, with its multi-chain reach, P2E ecosystem, and early-stage firepower, that stands as the most exciting opportunity of the cycle.
Investors who missed DOGE, SHIB, and PEPE might just have their next 100x staring them in the face — if they’re bold enough to ride the dragon.