Solana Meme Coins Are Seeing Decreasing Volume Due To This New Ethereum Star
The post Solana Meme Coins Are Seeing Decreasing Volume Due To This New Ethereum Star appeared on BitcoinEthereumNews.com.
Ethereum and Solana have spent years competing for attention in the crypto market. Ethereum has the larger network and deeper developer base, while Solana is known for its faster and cheaper transactions. For a while, Solana meme coins enjoyed strong trading volumes and growing communities. Recently, that momentum has slowed as traders begin moving their focus to a new Ethereum project. The appeal is straightforward, it offers low fees, fast transactions, and an active reward system. Here we will see why this shift is starting to pull liquidity away from Solana’s meme coin market, giving Ethereum the upper hand. Strong chain, weak chart: Solana’s numbers shine but traders chase Layer Brett Solana’s fundamentals remain solid, with TVL climbing 2.67% in 24 hours, steady user retention, and a 500% month-on-month surge in stablecoin growth. Yet, price action is telling a different story. SOL is down nearly 10% this week, underperforming other Layer 1s, while SOL/ETH has dropped 50%. One key driver? The rise of Layer Brett, a fast-growing Ethereum Layer 2 memecoin that’s pulling traders and liquidity away from Solana meme coins. This rotation into Ethereum has left SOL on the sidelines, struggling to attract fresh buying pressure despite strong on-chain data. With over $4 billion in open interest wiped in two weeks and Ethereum still outperforming, the current Solana price prediction leans bearish unless capital rotation shifts back in its favor. For now, the buzz around Layer Brett continues to overshadow SOL’s meme coin scene. Why Layer Brett is overtaking SOL in the meme coin market Layer Brett, the new Ethereum Layer 2 sensation, is quickly turning heads, and wallets, in the crypto world. Built on Ethereum’s sturdy foundation but supercharged with L2 efficiency, it offers low gas fees, fast transactions, and direct access to Ethereum’s massive ecosystem. This combination…
