Are memes on the Solana network benefiting Solana, or are they the ones deriving a series of opportunities from the Solana network to make their own performance? Most meme coins will first consider a particular network and the conditions that surround it before they make their choice to use a particular one. I think Solana has got all they may require when it comes to network affordability and the reliability they also enjoy using it preferably to launch their meme coins than any other network.
it's a symbiotic deal, both sides feed off each other.
Memecoin use Sol's cheap fees, and speed to mint tokens and dump them on degens chasing a quick buck
Sol, meanwhile, gets a massive user base, and heavy trading volume and a pile of network fees without breaking a sweat.
Imo.. it's a smart play by Sol.
It gets to put the network through its paces during periods of heavy trading while bringing more users and capital into the ecosystem.
That gives it more resources to keep improving the network and gradually expand into more real world applications.
