The Solana ecosystem is rapidly heating up as institutional capital flows in, with Circle expanding its $635 million tokenized money market fund to the chain on Wednesday, and VisionSys AI announcing a $2 billion Solana treasury strategy on the same day.
However, meme coins are drawing the biggest bids as momentum builds. Pudgy Penguins’ PENGU token has surged 14% in the last 24 hours, while stock-focused meme coin SPX6900 has jumped 22%.
It’s a textbook pattern: liquidity enters, sentiment spikes, and trader risk appetite drives attention to the meme coin market, where investors go all-in chasing major gains. But as Pengu and SPX6900 take off, rumors are spreading about the next Solana meme coin to explode, with many saying it could be Snorter.
This is a Solana-native meme coin trading bot token that is currently in presale, having already raised $4.2 million, which indicates strong demand and potential for price gains. Its presale ends in 18 days, lining up perfectly as the Solana ecosystem begins to rally.
How institutional liquidity is fueling the Solana boom
The broader crypto market is showing strength on Thursday, with Bitcoin reaching highs of over $119,000 after slipping below $109,000 in late September. Altcoins across the board are also performing well, but the Solana ecosystem is clearly leading the charge, with SOL itself gaining 7% today.
The reason is simple: investor confidence is quickly increasing. Circle just launched its tokenized U.S. Treasury fund, USYC, on Solana, expanding beyond the Ethereum, Near, Base, and Canton networks.
Meanwhile, VisisionSys AI announced plans to purchase $2 billion worth of SOL tokens for its treasury, first aiming to acquire and stake $500 million in SOL within six months. The firm will join companies such as Forward Industries, Defi Development, and Upexi, which collectively control over $3 billion worth of SOL, according to Blockworks data.
Moreover, there are six Solana ETF applications with deadlines between October 10 and 16, indicating that the ecosystem is poised for an even bigger liquidity boon in the coming weeks and months.
This influx of money from sophisticated investors is expected to boost the SOL price, thereby increasing the liquidity available to rotate into Solana-based tokens. This is why meme coins like Pudgy Penguins and SPX6900 are experiencing a surge.
Analysts expect new highs for PENGU and SPX this month
Popular analyst Cryptopulse states that “PENGU is primed for an explosive move,” and says he expects 5x to 10x gains, “with potential to go even higher.”
Cryptopulse displays a price chart indicating that PENGU is currently moving upward from a support level within a descending channel, suggesting that this move could trigger a breakout to new highs in the coming days.
From its current price of $0.31, a 10x increase would bring PENGU to $3.1, equating to a $20 billion valuation, which is just over half of Dogecoin’s current worth.
$PENGU is primed for explosive moves 💥. Initial targets are 5–10x gains from current prices, with potential to go even higher 🚀. The project is quietly gaining global attention 🌍 and could be a sleeper gem 💎. Invest now while the opportunity is ripe 🔥 pic.twitter.com/C5sG64JxU9
— CryptoPulse (@CryptoPulse_CRU) October 2, 2025
Experts also expect significant gains for SPX6900, with GokuXBT saying that investing at the start of Q4 “is free money,” nodding to historical trends of Q4 being one of the strongest quarters for crypto growth.
buying spx6900 here is literally free money going into Q4 pic.twitter.com/VkhJLwBIwy
— GokuXBT (@GokuXBT) September 29, 2025
But as PENGU and SPX show strength, many investors are searching for the next Solana meme coin to explode, and trending presale Snorter is gaining alot of traction.
Why SNORT Could be the Next Solana Meme Coin to Surge
Snorter is developing a Solana-native meme coin trading bot that can directly access the mempool using its private RPC infrastructure to execute orders in milliseconds.
It will be faster than non-native bots like Maestro and Banana Gun and it will offer additional benefits over native bots such as Trojan and Bonk Bot, including rug pull detection and lower trading fees at just 0.85%.
Neither Trojan nor Bonk Bot offers their own native token, making SNORT a rare exposure opportunity within the Solana meme coin trading bot market.
And as prices of top meme coins like PENGU and SPX6900 climb, demand for Solana-based trading bots is likely to increase. And with Snorter’s innate advantages, it’s expected to secure a strong market share, and consequently, the SNORT token is projected to experience growth driven by both speculative and utility-based demand.
As for its potential, analyst Alessandro de Crypto recently mentioned it could deliver 100x gains.
Having raised over $4.2 million, Snorter clearly has support from deep-pocketed whales – but the presale is still in its early stages.
This presents a unique opportunity for investors to join the whales and participate in a narrative-aligned meme coin just before it hits the open market. But with only 18 days remaining until the presale ends, there’s no time to waste.
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