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Fartcoin Rallies 110% Despite Market Woes, Analysts Expect Further Upside

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  • Fartcoin has surged over 110% in a week, reaching $0.88 on April 11.
  • Daily volume hits $300–$500 million, echoing Pepe’s $3B breakout from 2023–2024.
  • Trader Persill targets $62–$432 long-term, citing Elliott Wave structure and bullish momentum.

Solana’s memecoin Fartcoin is making waves in April. The digital token has surged more than 110% over the past week, with its price touching as high as $0.88 as of April 11. This sharp rally comes at a time when the broader crypto market is under pressure, weighed down by macroeconomic uncertainty.

FARTCOINUSDT 2025 04 11 12 04 43
Source: Trading View

Nearly $160 billion in market capitalization has evaporated from cryptocurrencies this month, triggered largely by US President Donald Trump’s back-and-forth tariff signals. While the wider market grapples with this volatility, Fartcoin appears to be marching in the opposite direction.

This remarkable surge of Fartcoin stands in stark contrast to the performance of other Solana-based tokens. For instance, the official Trump token (TRUMP) has declined by approximately 22% since the start of April. Fartcoin’s unexpected rally has captured the interest of both traders and analysts.

Fartcoin Mimics Pepe’s Explosive Growth

Market commentator @theunipcs has pointed out that Fartcoin is exhibiting similar traits to the explosive run that Pepe experienced between 2023 and 2024, when its market cap jumped from $300 million to more than $3 billion. Daily spot volume for Fartcoin has hovered between $300 million and $500 million, echoing that earlier breakout.

However, it still hasn’t appeared on major exchanges like Binance, Coinbase, Bybit, Upbit, or OKX. Despite this, trading activity and the community buzz around it remain strong. The absence from big-name platforms could point to more upside if listing announcements come later.

Meanwhile, a well-known trader, Uni Chartz, highlighted that the token has broken above a descending trendline and successfully retested the breakout level, signaling a potential bullish reversal. The move followed a rebound from the $0.20 support zone, with price action reclaiming higher ground above the $0.55 retest area. The token has since surged past the key resistance zone around $0.70 and is currently trading near $0.87.

As long as it holds above the retest area ($0.55), momentum favors a move toward previous highs,” Uni Chartz noted. 

Fartcoin 1
Source: UniChartz

Trader Sets Ambitious Fartcoin Price Targets

Another trader, known as Persill, shared a chart on April 11 highlighting that Fartcoin had completed its cycle wave 4 correction at $0.20. He notes that since then, the token has established a new impulsive structure, with minor waves 1 and 2 likely completed. This suggests that it is now entering wave 3, which is often the most dynamic and powerful phase in Elliott Wave theory. Persill has set a wave 3 target at around $1.37.

Fartcoin
Source: Persill

Looking further ahead, his analysis projects that this move is part of a larger cycle wave 5, which could contain multiple impulsive sub-waves. Based on this structure, Persill has set an ultimate target range between $62 and $432, highlighting the potential for an extended bullish cycle if the current momentum continues.

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TITCOIN Whale Accumulation Signals Bullish Trend

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  • In 17 hours, Titcoin’s holders increased by 25%.
  • It is believed that whale investments brought Titcoin’s market cap up to $42 million.
  • Solana’s benefits and meme hype boosted Titcoin’s price by 127% in a week.

The altcoin stealing the limelight right now is Titcoin, as major cryptocurrencies suffer the effects of Donald Trump’s ‘Liberation Day’ tariffs. As Bitcoin fell beneath the $84,000 support line, the rest of the altcoins were expected to fall, too. 

However, this coin kept growing both in terms of value and visibility. Titcoin, which is built on the Solana blockchain, grew quite fast among the meme coin community. Data from the Stalkchain platform showed that its number of holders jumped by more than 25% in just 17 hours, from 13,788 to 17,192. 

On an hourly basis, this Solana-based coin had nearly 200 new holders.

Source: X @StalkHQ

Whale Investments Fuel Titcoin’s Momentum

Whale investments are making this meme coin grow. Several crypto whales invested over $124,000 in it, indicating that they have a lot of confidence in its future. 

Large purchases were carried out by notable wallets like Fb96, DBV1, and E9n6 as they gradually built up their holdings.

Source: X @StalkHQ

One of the token’s earliest investors, according to crypto transactions tracker, Kakashi on X, turned a $250 investment into over $360,000 in the middle of a rapid price increase. The total valuation of Titcoin reached its highest at $42 million on April 2 and then declined to its current value of $25.34 million, according to CoinMarketCap data. 

According to analysts, this drop may signal that it is at the end of its initial Elliott Wave impulse. However, many influencers still maintain optimism that the token will continue on an uptrend.

Crypto King and other key crypto community figures predict that Titcoin could soon have a valuation of over $200 million, given that there’s growing interest in it and it has strong community support. Titcoin is currently trading at $0.02986 and is up by 127.88% over the past 7 days. 

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Source: CoinMarketCap

Although the previous day saw a 37% decline in volume, the fact that it has reached $10.69 million in daily trading volume is a clear indication of strong daily activity. Also, this coin has a very strong 24-hour volume-to-market cap ratio of over 37%, pointing to real traction, not simple hype.

TRUMP Meme Coin Surges After Launch, Traders Report Huge Profits

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  • TRUMP Meme Coin reached an $8B market cap just 3 hours post-launch on Solana.
  • Early TRUMP traders turned a $1M investment into over $2M in profits.
  • Solana DEX volumes soared to $12.9B within 24 hours of the meme coin’s release.

On January 17, 2025, President-elect Donald Trump officially released a new meme coin on the Solana blockchain called TRUMP. Announced through Trump’s official social media profiles, it marked a significant step in the growing popularity of meme coins in the cryptocurrency market. The new meme coin has been making waves and is already recognized for its meteoric climb in market capitalization and increasing active user base.

Meme Coin Performance and Market Activity

TRUMP achieved an $8 billion market cap hours after the launch. This rise was accompanied by higher trading volume and activities of some of the leading traders and investors. According to Blockchain analytics firm Lookonchain, early investors made huge profits, and some traders who invested a million dollars made massive returns. For instance, one trader bought more than 4.5 million tokens using $1 million USDC and sold them for over $2 million.

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TRUMP Meme Coin Surges After Launch, Traders Report Huge Profits 6

The meme coin can be bought using debit cards and cryptocurrencies. Investors who own this coin become part of the Trump Meme Community highlighting aspects of winning and positive thinking. Although some crypto community members had doubts about the meme coin, the project has been continuously traded, and the high volume of transactions proves that it is not a scam.

Whale Activity and High-Profile Trades

The TRUMP token has also attracted lots of investments from Whale investors, and some of the big transactions have been made known to the public. For instance, a whale bought 5.97 million tokens using a $1.1 million USD Coin. Later, they sold 543,000 tokens for nearly $20 million. Other prominent investors, including anonymous ones, have earned much money by buying and selling millions of the meme coin tokens.

Furthermore, it has led to a sharp increase in decentralized exchange (DEX) trading volume, with Solana-based DEX Meteora recording more than $4 billion in 24 hours of token launch. Increasing market activity highlights the token’s popularity and is part of a larger trend of escalated trading activity within the Solana network.

Tokenomics and Future Plans for TRUMP

TRUMP has a maximum supply of 1 billion tokens that will be distributed over three years. Initially, 200 million tokens were unlocked and the rest will be unlocked every month for the next three years. CIC Digital, associated with it’s NFT projects, has an allocation schedule that spans the next two years.

The meme coin is set to capitalize on Solana’s popularity and the market trends for meme coins. It is expected that the token and its market performance will be a model for other meme coins on Solana and strengthen the role of the blockchain in the crypto market.

Solana Validators Boost Security with 77% Vote Approval

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In a significant move to bolster network security and refine the incentives for validators, Solana validators have overwhelmingly voted in favor of Solana Improvement Documents (SIMD)-0096. This proposal redirects all transaction priority fees exclusively to validators, a shift from the previous system that split these fees evenly between burning and rewarding validators.

The approved change, which garnered 77% support in an on-chain vote by Solana network validators, aims to enhance the alignment of incentives within the ecosystem. By channeling all priority fees to validators, SIMD-0096 seeks to strengthen the incentives for validators to prioritize network security and efficiency. This adjustment is also expected to mitigate the potential for side deals between block producers and transaction submitters, thereby promoting a more transparent and fair validator system.

The original proposal stated,

“This ensures that validators are appropriately incentivized to prioritize network security and efficiency, rather than being incentivized to engage in potentially detrimental side deals.”

Solana Priority Fees Now Fully Reward Validators

In the Solana network, priority fees are optional payments that users can add to their transactions to ensure their transactions are prioritized in the execution ordering queue. Previously, these fees were split, with half being burned and the other half going to the validators. With the new proposal, while the burning of base (or normal) fees continues at 50%, priority fees will now fully reward the validators responsible for producing the blocks.

This change underscores Solana’s commitment to maintaining a robust and secure blockchain network by ensuring that validators are properly incentivized. By fully directing priority fees to validators, the network aims to enhance the operational integrity and security of its network.

The decision to adopt SIMD-0096 reflects a strategic shift designed to reinforce the economic incentives that underpin validator performance and network security. It also highlights the Solana community’s proactive approach to addressing potential vulnerabilities and ensuring a sustainable and secure environment for decentralized applications and transactions.

As Solana continues to evolve, the implementation of SIMD-0096 marks a pivotal step in its journey, showcasing its adaptive governance model and the community’s dedication to optimizing the network’s functionality and reliability.

$10M Nightmare : Solana’s Slerf Plunges Investors into Chaos

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In the volatile world of cryptocurrency, a new Solana-based meme coin, Slerf, has made headlines for all the wrong reasons. In a shocking turn of events, the project’s developer accidentally burnt a major portion of the token supply, resulting in the loss of a staggering $10 million, leaving presale participants reeling.

The admission of error came through a candid message from the project’s official account, causing uproar among investors. “Guys, I f—ed up,” the message read, outlining the irreversible nature of the mistake. The team’s subsequent appearance on an X Space only intensified the drama, with one member expressing profound remorse and disbelief at the situation.

Despite the calamity, the price of SLERF skyrocketed by approximately 242% within hours of the news breaking. Speculation ran wild in X Spaces, with some advocating for a push towards a $1 billion valuation. Meanwhile, traders capitalized on the chaos, with one individual reportedly pocketing over $3 million in just 12 minutes of trading.

This incident underscores the risks inherent in the burgeoning world of Solana-based meme coins. With a weekend marked by frenzied presales and massive funding injections, it’s clear that caution is paramount in navigating this volatile landscape. As investors assess the fallout of Slerf’s misfortune, the broader cryptocurrency community remains on edge, wary of similar pitfalls lurking in the shadows.

Solana’s Daily Volume Soars

Solana (SOL) has displayed resilience amidst a broader market downturn. While Bitcoin and Ethereum faltered, SOL weathered a dip from $186 to $165 before swiftly rebounding. Currently trading at $206.75, SOL boasts a daily volume of $10.81 billion and a market cap of $92.05 billion.

Over the past three days, SOL surged by 6.59%, and over a week, it saw a remarkable 37.91% gain. Rekt Capital highlights SOL’s recent breakthrough above a crucial resistance level, emphasizing the need to solidify it as support for sustained growth. Historical data reveals challenges at this resistance point, marked in blue, with bullish momentum seen upon exceeding it in weekly closes, as reported by TWJ.

Breaking past this barrier is essential for SOL’s ascent beyond $200. Investors keenly monitor SOL’s performance against this backdrop, underscoring its pivotal role in shaping future price movements. As SOL navigates these challenges, its resilience underscores its potential for further expansion in the cryptocurrency landscape.

Blockchain-Powered Projects Drive 10X Increase in Environmental Stewardship

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Regenerative economy and finance projects are harnessing blockchain technology to enhance utility, transparency, and decentralization. This innovative technology is making a tangible positive impact on environmental stewardship, driving projects that retire carbon credits, generate staking yields for ecological initiatives, and incentivize communities to safeguard natural resources.

Local media recently delved into the world of regenerative economies and finance at Solana Breakpoint in Amsterdam. The event featured a panel of experts intimately involved in blockchain-based projects aimed at advancing sustainable development goals (SDGs) globally.

A regenerative economy, as defined by the Smith School of Enterprise and the Environment, moves away from extractive business models and seeks to contribute positively to nature and society. GainForest, an exemplar of such a blockchain-based project, is dedicated to empowering local communities to protect natural environments. Co-founder Simge Sandal explains that GainForest employs blockchain to autonomously allocate funding to various projects in the global south, using “measure-to-earn” technology to measure biodiversity data.

Sandal notes, “Our core business is to create incentives that make environmental protection attractive for the local communities and also financially beneficial for them.” Private stakeholders can pledge money to indigenous communities and forest conservation projects through GainForest’s smart contracts. Donations are automatically unlocked when monitored milestones are achieved by locals using devices like smartphones and drones, ensuring transparency throughout the process.

Blockchain is instrumental in delivering this transparency, a fundamental component of a regenerative economy. It enables stakeholders to observe and make informed decisions about the ecosystem’s progress and its net effects.

However, building trust among communities to embrace the technology can be a challenge. Sandal explains that it often takes time to overcome initial skepticism. But the transparency and economic benefits ultimately win them over.

Decentralized Finance and Climate Impact: Blockchain’s Role

James Bettauer, CEO of ecoToken, outlines how their Solana-based platform allows users to retire environmental credits directly on Solana and receive impact certificates and fungible credits. Blockchain empowers a bottom-up approach, enabling project developers to create credits and add new revenue streams, making it more accessible for smaller-scale projects.

Daniel Kelleher, founder of Sunrise Stake, operates a decentralized finance protocol on Solana. Users can stake SOL to receive green SOL (gSOL) and donate staking yields to climate impact programs, effectively offsetting carbon emissions. Kelleher believes that blockchain technology plays a crucial role in empowering regenerative economies with net positive effects for communities, economies, and the environment.

In conclusion, blockchain technology is revolutionizing the landscape of regenerative economies and sustainable finance. Its transparency, decentralization, and smart contract capabilities are driving innovation in projects that benefit both the environment and local communities, ushering in a new era of sustainability and positive social impact.

Solana’s v1.14 Upgrade Gains Massive Adoption, Reaching 97.4% Stake Support

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In a significant development, the eagerly anticipated v1.14 upgrade to the Solana Labs validator client has been widely adopted by the network. According to a recent blog post, the upgrade was made available for mainnet-beta on May 1, 2023. 

After several weeks of careful monitoring and performance evaluations, the engineers recommended that all mainnet-beta validators transition to v1.14 on May 21. As of today, May 30, the upgrade has been adopted by an impressive 97.4% of the stake.

This upgrade, version 1.14, introduces a range of highly anticipated features that will be activated gradually on the Solana blockchain. It is crucial for participants in the Solana ecosystem, including validators, builders, creators, and general users, to understand the significance of this upgrade and its impact on the network’s performance.

Notably, the Solana Lab’s validator client update necessitates the active participation of the validator network. While Solana Core engineers recommend specific releases, validators maintain the autonomy to choose when and how to upgrade.

The adoption process for v1.14 unfolded in stages. During the week of May 8, validators upgraded 10% of the mainnet-beta stake to the new version. This was followed by a 25% stake upgrade during the week of May 15. 

Finally, on May 21, all validator operators were notified that they could opt to update to the new release. Once over 66.6% of the stake on the network elected to upgrade on May 22, v1.14 was officially considered adopted by the cluster.

Notable Features: Highlights Of The Solana v1.14 Release

Among the key features included in the v1.14 release is the “Get Estimated Fees” Remote Procedure Call (RPC), empowering developers to retrieve recent transaction fees and estimate future costs. 

Additionally, improvements have been made to the staking program, including permissionless deactivation of delinquent stakes and optimized caching for better performance. The release also introduces the Compact Vote State Update Instruction, simplifying the process of casting votes and reducing complexity for validators. 

Furthermore, turbine improvements enhance the block propagation protocol, resulting in a more efficient and seamless experience on the Solana blockchain. Extensive testing was conducted to ensure the stability, reliability, performance, and security of the v1.14 upgrade. 

Solana Labs collaborated with validators and third parties, undertaking adversarial testing and providing a public security audit for the release. Quality assurance teams have performed simulations on the Testnet since September 15, 2022, with the current version running since May 1, 2023.

However, as the Solana ecosystem continues to evolve, the v1.14 upgrade marks a significant milestone in the platform’s development. Users are encouraged to explore the new features and leverage the improved performance of the network.

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Solana’s Phantom Wallet Goes Multichain: Adding Ethereum & Polygon Support

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Phantom, a popular crypto wallet for the Solana blockchain, is set to expand its offerings to include support for the Ethereum and Polygon blockchains, according to the report.

The company announced that the public launch of the multichain integration will take place on May 1, 2023, at 9 a.m. EST, across browsers, iOS, and Android. 

The integration, which was scheduled to be geared up in the first quarter of 2023, is now available to Phantom’s three million customers.

By adding support for Ethereum and Polygon, Phantom users will now be able to transfer assets across blockchains, dApps, and NFT marketplaces, as per the report.

Existing assets from MetaMask, Solana, or Ethereum Virtual Machine (EVM) wallets will also be able to be imported. The wallet will also have advanced NFT information, such as current floor and selling prices.

Phantom is focused on user safety and is adding new features to help prevent phishing attempts. The wallet will simulate transactions before they are approved, so users can see what they are sending and receiving, and it will warn users about malicious websites.

In addition, Phantom has a customer support team that is available 24/7 to assist users who have been phished or hacked. Phantom’s expansion to multiple blockchains speaks to the growing potential for a multichain world.

Furthermore, its new capability could allow dApps and other projects to interact with consumers in a more seamless way. Phantom’s support for Ethereum and Polygon will expand its reach beyond the millions of users in the Solana ecosystem.

Solana (SOL) Price Analysis

The news of the Solana wallet to include support for the Ethereum and Polygon blockchains didn’t yet cause any significant spike in the value of SOL.

According to CoinMarketcap, the token is presently being traded at $21.76, with a decrease of 1.30% in the last 24 hours and 5% in the last seven-day chart.

SOL 1D graph coinmarketcap 1
Source: CoinMarketcap

However, yesterday SOL was making waves in the market, as reported by TronWeekly. The market cap across all cryptocurrencies increased by 6.61% over the last day, and SOL’s value increased by 8.78% over the same period yesterday.

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Solana Sets The Standard For Web3 Mobile Devices With Flagship Saga Release

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Solana Labs’ crypto smartphone, Saga, is set for public sale on May 8th. The phone, which features a Solana dApp marketplace, can send, receive, trade, and store cryptocurrencies while keeping private keys segregated. Pre-order devices are already shipping out.

The company’s ecosystem suffered after Anatoly Yakovenko introduced Saga in June 2022, causing some of its core technology to fail repeatedly. Nevertheless, the team behind the company continued to defend and push for progress in the ecosystem.

Discover The Future Of Mobile with Solana’s Saga

According to a report, Solana-focused companies’ employees have revealed that the Android smartphone is a risky but necessary investment in the future of cryptocurrency. 

The phone, which was teased 10 months ago, doubles as a hardware wallet and is built on hardware from OSOM, with 512 GB of storage, two camera lenses, a 6.67-inch OLED display, and a fingerprint scanner. It will run on the latest Android operating system and costs $1,000.

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The device’s security protocols also allow for the safe transfer of assets using Solana Mobile’s SMS APIs to improve signing experiences. 

The company claims that Saga stands out from other phones due to its “Solana Mobile Stack” (SMS), a set of technologies for mobile that can open up Web3 experiences on mobile phones. It includes specialized add-ons that enable the phone to integrate cryptocurrency features into its hardware and software.

One of the security features of the SMS is the Saga’s customized secure element, which has a “seed vault” for storing private keys. It makes it more secure since the keys are kept separate from the phone’s other data. 

The Solana dApp Store provides a platform for distributing Web3-native apps, free from the limitations and high fees enforced by other major Web2 app marketplaces.

Additionally, Saga has a “dApp” store exclusively for crypto apps, with over a dozen already available for download, including those for trading, inter-wallet communication, and digital collectibles, with more expected to be added in the future.

However, its dApp store won’t have “extractive fees” like Apple and Google’s 30% tax. Despite previous failures by HTC and Sirin Labs, Solana hopes to succeed as a crypto-focused smartphone.

As per the company, Saga is available to ship to the US, EU, the UK, Canada, Switzerland, Australia, and New Zealand and comes with a Welcome Pack from Solana Mobile and rewards from dApps.

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Solana Founder Defends Platform’s Approach To Security & Performance Amid Recent Outages

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Solana, a blockchain platform that promises high throughput and low fees, has come under fire in recent weeks for a series of outages that have raised concerns about its reliability. 

However, Solana founder Anatoly Yakovenko has explained that the outages were not due to a design flaw but rather to the platform’s unique approach to security and performance.

The discussion started when DBCryptoX, an entrepreneur and content creator, tweeted that Solana had experienced another 20-hour outage. It was just one of about a dozen times the platform had gone down, prompting DBCryptoX to question the design flaw behind the outages.

However, Yakovenko responded by explaining that the outages were not due to any design flaw but rather to the platform’s need for high levels of network communication for validation. 

He explained how the conventional Byzantine Fault Tolerance (BFT) consensus algorithm necessitates a quadratic increase in messaging overhead. It implies that as the number of nodes in a quorum grows, the network must handle a greater number of messages.

Why Solana Implements Votes As Transactions

Solana has implemented a 2800-node quorum to deal with the high network communication required. If the 66% quorum consisting of 150 nodes attempts to produce an invalid state transition or withhold information from the network, any of the remaining 2650 nodes will quickly identify the issue.

Yakovenko explained that the large quorum and fast block times are generally good, providing high security and low latency performance for users. However, the 9 million messages the system requires are a lot, so Solana has implemented a highly optimized pipeline to handle all of the votes.

It is why votes are not just counted as transactions but are literally implemented as transactions. This is because there is no cheaper way to get votes from all the nodes in the network. Solana implements one highly optimized pipeline for all messages that must be fully replicated to all nodes.

Yakovenko emphasized that other networks do not provide the same security or performance level because their quorums are small, and consensus rounds are measured in seconds. Solana’s unique approach allows it to provide exceptional levels of security, high throughput, and low fees simultaneously.

Nevertheless, Yakovenko’s explanation of Solana’s unique approach to security and performance sheds light on the platform’s design and why it has experienced recent outages. 

However, it also highlights the platform’s potential to provide exceptional levels of security, high throughput, and low fees, making it a platform to watch in the coming months.

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