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Crypto Guide Daily — Your Source for Crypto News, Analysis & Web3 Innovation > Blog > Crypto > Galaxy Digital Buys $55M Solana in Huge Move, Solana Volume Explodes Nearly 2x, Dogecoin Rallies Above $0.2, and More…
Crypto

Galaxy Digital Buys $55M Solana in Huge Move, Solana Volume Explodes Nearly 2x, Dogecoin Rallies Above $0.2, and More…

Sofia Martins
Last updated: July 17, 2025 10:15 am
Sofia Martins
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Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

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With Bitcoin merrily skipping past the $122K ATH, meme coins stand on the precipice of a potential explosion. Given the massive upside potential and low entry prices, meme coins have become a magnet for traders looking for quick gains.

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Galaxy Digital Just Bought $55M Solana in Two Hours as $SOL Volume Explodes: Snorter Token Next Meme Coin to Watch

July 17, 2025 • 10:00 UTC

Based on onchain data, Galaxy Digital bought around $55M worth of Solana in two hours. Consequently, Solana’s trading volume spiked to almost $9B from ~$5B two days ago.

Solana trading volume on Santiment

$SOL’s price is currently $173, a 6% increase in the last day. Its 24h trading volume also shot up by nearly 50%, and community sentiment on CoinMarketCap is 85% bullish.

With multiple Solana ETFs potentially dropping in the future, and fueled by the wildly-successful $PENGU ETF, the Solana ecosystem could be ready for a breakout.

Already, Solana cryptos are seeing a 26% uptick in trading volume, with the likes of BONK and SPX6900 shooting up.

In this bullish context, one Solana multichain memecoin could rise as a top gainer – Snorter Token ($SNORT). Introducing the fastest and cheapest $SOL trading bot, $SNORT might become the next 1000x crypto at this rate.

Snorter Token is still in presale, available at its lowest prices, so go take a look.


Dogecoin Rally Above $0.2 Happening Right Now: Are Meme Coins Exploding?

July 17, 2025 • 10:00 UTC

Dogecoin has been rallying hard in the last two days, up from under $0.2 to over $0.21 today. The last week shows an uptick of over 17%, too.

Dogecoin price chart on CoinMarketCap

$DOGE’s 24h trading volume almost doubled to $3.32B, with community sentiment at a healthy 86% on CoinMarketCap.

The $0.2 resistance line kept the old barker stuck in its cage for a long time but now, the dog of war is loose upon the world, and there might be no stopping it.

Technical analysis shows that $DOGE broke out of a falling wedge pattern. And this could further indicate a bullish rally, perhaps gunning for $0.43.

With all the red-hot investor interest in meme coins, one could rise above all – Token6900 ($T6900). In an industry where utility-driven coins disappear into oblivion, Token6900 makes no promises.

No utility, no profit guarantees, no use-cases. Just pure insanity and meme appeal taken to its natural finale.

Check out Token6900’s explosive presale that has raised over $500K on their official website.


Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.

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