Skyrocketing Meteora Cryptocurrency Valuation: A 300% Increase to 1.9 Billion Dollars, Propelled by Memetic Coins featuring Trump and Melania
Meteora, a decentralized exchange (DEX) built on the Solana blockchain, has experienced a remarkable surge in growth over the past week. This growth is largely attributed to the launch of meme coins associated with Donald Trump and Melania, both of which are based on the Solana blockchain.
On Sunday, Meteora witnessed record daily inflows, with over $540 million worth of tokens deposited on the DEX. USDC accounted for more than half of these inflows, while the TRUMP and MELANIA meme coins contributed significantly to the remaining share.
The surge in Total Value Locked (TVL) on Meteora is primarily due to the success of its DLMM DEX platform. The total deposits on the platform have dramatically increased, from less than $210 million on January 15 to $1.64 billion as of now. This growth has propelled Meteora into Solana's top 10 dapps.
Meteora's meme coin, $MELANIA, currently has a market cap of $1.5 billion, while Donald Trump's meme coin, $TRUMP, has a market cap of nearly $10 billion. On Sunday, $TRUMP reached a record high of $15 billion.
The popularity of these meme coins has catalyzed increased volumes on Solana DEXs, including Meteora. The exchange employs dynamic liquidity pools and automated market-making mechanisms that benefit from greater trading traffic.
As of today, USDC accounts for nearly half of all TVL on Meteora, followed by TRUMP with 22%, and MELANIA with 16%. The daily trading volume on Meteora is currently over $10 billion. On Monday, another $360 million worth of USDC was deposited on the Meteora platform.
This meteoric rise in TVL and trading volume on Meteora is a testament to the appeal of fast transaction speeds, low fees, and the surge in popular memecoins on the Solana blockchain. The growth is contributing to the broader robust growth in Solana's DeFi sector, with the total TVL across the network surpassing $14 billion to $17.5 billion range in mid-2025.
[1] CoinMarketCap. (n.d.). Meteora (META). Retrieved from https://coinmarketcap.com/currencies/meteora/
[2] DeFi Pulse. (n.d.). Solana. Retrieved from https://defipulse.com/solana
[3] Messari. (n.d.). Solana. Retrieved from https://messari.io/asset/solana/chart/market-cap
[4] The Block. (n.d.). Solana total value locked hits new all-time high of $17.5 billion. Retrieved from https://www.theblockcrypto.com/post/106581/solana-total-value-locked-tops-17-5-billion-as-tvl-grows-by-20-in-a-day
In light of the success of Meteora's meme coins, such as $TRUMP and $MELANIA, there has been a significant increase in daily news regarding finance and technology in the crypto space. This surge in interest has contributed to the growth of the Solana DeFi sector, with total Value Locked (TVL) across the network projected to exceed the $14 billion to $17.5 billion range by mid-2025.
The popularity of these meme coins, combined with Meteora's dynamic liquidity pools and automated market-making mechanisms, has led to a boost in sports-like competition among Solana decentralized exchanges (DEXs), with Meteora currently ranking among Solana's top 10 dapps in terms of TVL.
