Crypto Down But Solana Treasuries Expanding: 3 Best Solana Meme Coins to Buy

Institutional funds continue to pile into Solana even as the broader cryptocurrency market slows, putting a new focus on more liquid on-chain meme trades.

A newly renamed public company focused on Solana (ticker: HSDT) said Friday it has added Coinbase, BitGo and Anchorage Digital as custodians as it continues to build out the company’s SOL-denominated treasury.

This step, Announce At 8 a.m. ET, it highlights how the institutional infrastructure around Solana has expanded while cryptocurrency prices have fallen over the past 24 hours.

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How is Solana expanding his treasury and core infrastructure?

Bitcoin fell to a low of $117,559, while Solana fell Hovering Close to $210-215 as of October 10th.

Bitcoin and large-cap coins were mostly lower at the start of the US session on Friday. Headlines pointed to a late-week decline following Bitcoin’s record high earlier in the week.

“Bitcoin volatility is poised for a breakout,” said Nick Forrester of Derive, noting higher implied volatility across expirations.

However, Solana’s core infrastructure continues to expand. The new HSDT update adds multi-custodial support, a feature that organizations often need, and coincides with a company’s continued accumulation of SOL on its balance sheet.

The company points to on-chain metrics from Solscan and Messari that show high throughput and a steady base of active users, all of which strengthen Solana’s case for treasury allocators.

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Why do BONK, WIF, and BOME dominate the Solana Meme coin market?

Bonk (BONK) is Solana’s flagship “dog coin” and is widely listed on major exchanges.

It has a market capitalization of approximately $1.36 billion with a trading volume of $275 million over a 24-hour period, down approximately 6-7% over the past day, per Queen Gekko.

(source: Koenjiku)

BONK is earning its place as Solana’s liquidity standard.

Deep order books and strong visibility make it easy to trade even when markets get tough.

Dogwifhat (WIF) remains a crowd favorite due to its heavy derivatives operation. It is valued at approximately $667 million with over $200 million in daily trading volume.

(source: Koenjiku)

Prices have fluctuated this week, but activity remains high. This consistent rotation and depth across exchanges keeps WIF among the most widely traded Solana memes, especially for short-term and momentum traders.

BOOK OF MEME (BOME) is an artist-driven project that is widely listed across stock exchanges.

The token is trading near $0.0015, with a daily volume of around $36 million and a market capitalization of between $800 million and $900. million.

(source: Koenjiku)

Its weekly performance has been mixed, but constant activity and a strong community keep liquidity steady compared to newer Solana meme coins. This stability helps maintain clearer price discovery, especially when markets become cautious.

The tone of the broader market remains muted. Bitcoin is strengthening, and altcoins are showing mixed moves.

In this scenario, the recent expansion of custody by HSDT stands out because it highlights who is buying Solana now, especially institutional distributors and public market investors through listed funds, and not just the original crypto players.

These investors usually think in longer time frames and are less focused on short-term price fluctuations.

This is a great fit for Solana, whose core strength continues to be its on-chain activity, high throughput, and consistent user engagement.

For traders seeking exposure to Solana’s more volatile side, liquidity remains concentrated in a few names: BONK, WIF, and BOME. These tokens remain the most active entry points for those wishing to trade Solana’s high-risk assets while major cryptocurrencies remain flat.

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