On-chain data shows the 7-day average transaction fees on Solana have outpaced Ethereum amid the weakening dominance of SOL in February.

Bitcoin Pepe, the first meme ICO on the Bitcoin network has captured the attention of crypto enthusiasts, surpassing $1 million within the first 6 hours of its presale. Its early adopters acknowledge that its unique approach of merging the meme culture with Solana’s speed and Bitcoin’s security will yield hefty returns ahead of its launch in Q2’25.

Unmatched fundraising success saw the platform gather over $38.5 million through presale while distributing over 411.1 million RXS tokens to underwriters.

Professional analysts expect SOL to gain value up to $300 because of growing market enthusiasm surrounding the Solana ETF approval. The demand for Solana would rise as a result of the institutional investment that would be made possible by this possible regulatory approval.