Meme coins on the Solana blockchain experienced a significant surge, with GBACK leading the charge by reaching a market cap of over $10 million. The coin peaked at $11 million before settling at $9.42 million, marking a 200% increase in 24 hours with a current price of $0.009. Other Solana-based Meme coins also saw substantial gains, including PIPPIN, which rose 96% to a $35.4 million market cap, 67 with a 92.5% increase to $23.04 million, FKH up 77% to $6.06 million, and SPARK soaring 255% to $5.5 million. Despite these impressive gains, Blockbeats cautions that Meme coins are highly volatile, driven by market sentiment and hype, and lack intrinsic value or practical use cases. Investors are advised to exercise caution when engaging with these assets.