Fartcoin, a memecoin built on the Solana blockchain, gained roughly 10% over the past 24 hours to trade above $1, lifting its market capitalization to more than $1 billion, according to price data shared by crypto‑market participants. The rally pushed Fartcoin past fellow Solana‑based token Bonk to become the network’s largest memecoin by market value. Posts from traders highlighted net inflows of about six million tokens during the same period and noted an increase in leveraged positions as retail speculators bet the price could climb further. To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io