The Solana memecoin economy experienced a major jolt recently when MOODENG (@MooDengSOL) rallied back into the top 10 by market cap, riding the wave of its new listing on Robinhood, the biggest retail stock trading platform in the United States.
And right alongside it, another Solana memecoin, MEW, also won access to Robinhood’s vast user base—a development that sent price and attention levels for both tokens up and to the right. And so it was that the rapidly evolving meme economy of Solana drew renewed scrutiny.
The listing of Robinhood is a landmark moment for Solana memecoins, which until now have largely existed in a world bereft of the major centralized exchanges. Being listed on a mainstream retail app like Robinhood is no small potatoes for a memecoin’s not quite so secret society, and you really have to reserve some respect for the Solana network that has facilitated the creation of these unorthodox economic tokens.
Robinhood Listing Spurs Rally: MOODENG Up 28%, MEW Up 30%
The news that MOODENG and MEW were being listed on Robinhood sent investors and traders into a frenzy of excitement. Both tokens shot up in price—MOODENG was up about 28% in the short-term aftermath of the news, while MEW was up an even more impressive 30%.
MASSIVE : #Moodeng and $MEW New Robinhood Listing!
MOODENG and MEW just recently got listed on Robinhood, the largest retail stock trading app in the US.
Both tokens had positive price reactions on the news :
MOODENG : +28%📈
MEW : +30%📈From a daily time-frame perspective,… pic.twitter.com/BZBxahQGSb
— Bitcoinsensus (@Bitcoinsensus) May 23, 2025
These percent increases make it clear just how important exchange listings are for memecoins. They often act as catalysts that unlock new sources of liquidity and fresh waves of investor interest. Robinhood has an extensive user base that numbers in the millions. And it is a user base that is very much given to trading in both stocks and crypto, within the same app. That, of course, is the Robinhood app. And now, in what can only be seen as a huge coup for these Solana-native assets, the Robinhood app offers them as trading options.
Charts that record the movement of technical variables lend further support to the tokens being in position for additional near-term upward price action. From the perspective of a daily time-frame, MOODENG has already begun its strong ascent. It is presently entering a consolidation phase, but let us not forget that this is also part of a price action pattern that can be read as “pause and build”—a behavior often seen when prices are about to make another run to the upside.
At the same time, MEW looks like it might be at an earlier stage of its rally, just starting what technical analysts are calling a “massive explosion” to the upside. Listing-induced excitement and a strong chart appearance create a not-unlikely scenario for both tokens in the near future.
Implications for Solana Memecoin Ecosystem
MOODENG returning to the top 10 of Solana memecoins is significant not only as a sign of its individual success but also as a reflection of the Solana meme token ecosystem gaining traction on major platforms. Once upon a time, many Solana memecoins lived mainly on DEXs and in niche communities. But those same tokens are now nearer to the mainstream retail audience thanks to listings in a certain app with a picture of a deer.
🚨 MOODENG (@MooDengSOL) returns to the top 10 Solana memecoins by market cap amid Robinhood listing. pic.twitter.com/IoHIy9HVKz
— The Solana Post (@thesolanapost) May 22, 2025
The enhanced visibility and liquidity may drive some additional development, partnerships, and use cases for Solana memecoins. While this shouldn’t be interpreted as an endorsement of these tokens, it is worth noting that Solana has become a far more reliable and low-cost alternative to Ethereum for trading not just these ridiculous assets but any cryptocurrency. And as we’ve pointed out before, there’s growing demand for just such an alternative.
Retail traders and long-term holders are now able to more seamlessly and more familiarly participate in Solana’s memecoin rallies as a result of Robinhood’s recent move to list SOL. With top projects MOODENG and MEW leading the charge, similar moves could soon be made for other Solana memecoins as well, potentially opening the floodgates to profile-boosting listings.
With MOODENG solidifying its recent progress and MEW starting its bullish push, investors are paying close attention to these two coins, not just because they’re successful right now, but because they’re what analysts call “momentum drivers.” In the case of Solana, whose blockchain these coins live on, that means a new phase of growth for what was once dismissed as the memecoin sector—something increasingly interconnected with major trading platforms and a surge of investor interest.
In an environment recognized for swift alterations and contagious storylines, MOODENG’s ascendance and MEW’s emergence are significant events to track in the immediate days and weeks ahead. The combination of approachable retail trading, solid technical formations, and community fervor places these tokens in a likely position to lead into what some are calling the next big chapter for Solana memecoins.
Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services.
No Comments