Memecoin market rockets $17 billion in a month — Solana launchpad hype fuels the fire

Synopsis
In July 2025, the memecoin market experienced a significant surge, increasing by $17 billion due to new presales, strong community backing, and a popular Solana launchpad. This boom has sparked debate within the crypto community, with some celebrating the excitement while others worry about the impact on the industry's reputation and the diversion of capital from serious projects.
Different opinions in the crypto community
Some people in crypto are happy and excited about the memecoin boom. Others think it’s a bad sign and say it’s hurting crypto’s reputation.ALSO READ: From BTC to ETH: Retail traders flock to Ethereum as $4000 price target gains steam
Anthony Anzalone – Against memecoins
Anthony Anzalone the CEO of Xion blockchain said, memecoins are damaging the hard work of real builders in crypto. He said that even though the market cap is growing, it doesn’t show real-life use of crypto. He also said that the more memecoins grow, the worse it is for the future of serious crypto projects.He said, “inverse correlation between success of this industry and the memecoin market cap”. In his view, the money going into memecoins shows there’s nowhere better for capital to go in crypto.
S Community lead of Neiro memecoin
S thinks memecoins are the most exciting and attractive part of crypto. S said that many memecoin projects like Pudgy Penguins, Floki, and Neiro are actually building new tech and showing maturity.According to S, memecoins are simple, fun, and easy to understand, unlike the complex VC-driven crypto tokens. S also said,“warriors in the trenches… rush to deploy capital”.
ALSO READ: BlackRock goes big on crypto — adds $916 million in Bitcoin and Ethereum in just 16 days
Petr Kozyakov– Neutral but notes bullish mood
Kozyakov said that market mood is a big reason why memecoins are rising. He gave three reasons for the memecoin surge:- The PUMP coin presale raised $500 million in minutes.
- Memecoins are easily available to normal retail investors.
- Bitcoin hit a new all-time high, making the market feel positive.
FAQs
Q1. Why did the memecoin market surge in July 2025?The memecoin market surged due to Solana’s new launchpad, presale hype, and strong community support.
Q2. Is the memecoin rise good or bad for crypto?
Some say it boosts excitement, while others believe it harms crypto’s serious reputation.
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