Memecoins push Solana to overtake BNB Chain as 4th largest crypto by market cap. SOL price breaks through $200 and Solana market cap hits $90 billion

The new memecoin on Solana BOOK OF MEME (BOME) after it listed on Mar 14, 2024, now it is ranking 103 largest crypto by market cap.

Another memecoin on Solana dogwifhat (WIF). It’s ranking 42^nd largest crypto by market cap.

Bonk is ranking 64^th largest crypto by market cap.

According to defillama, Memecoins on Solana push trading volume to $3.484 billion on March 16. Solana’s trading volume before the memecoin hype was about $800 million.

Solana’s fees increased to $3.61 million on March 16. The number of Solana’s fees before the memecoin hype was about $400k.

Memecoins increases trading volume on Solana network and they help pushing Solana to overtake BNB Chain as 4^th largest crypto by market cap on March 18.

Solana was founded in 2017 and it launched mainnet in March 2020. Solana is celebrating 4 years anniversary.

Solana has achieved many key achievements.

Solana on X: "🎉Happy Genesis Day 2024 to all who celebrate!🎉 276+ billion transactions. 1600+ validators. 254+ million blocks. 

During the last 4 years Solana processed 276 billion transactions. It has more than 1,600 validators and processed more than 254 million blocks.

Solana currently has $90.340 billion market cap and it is trading at $203.