Solana's $PUMP token has surged 77% in the past week, reaching a peak price of $0.0087. This increase is attributed to Pump.fun's buyback program and marketing initiatives, which have bolstered community support. The rise of $PUMP has also positively influenced other Solana-based meme coins, including $FREYA, $SCAM, and $QSTAY, which have seen notable gains. In addition to the meme coin resurgence, Solana is advancing its network capabilities with the introduction of the 'Alpenglow' consensus protocol, aimed at enhancing efficiency. Upgrades like Firedancer are focused on improving throughput and decentralization. Meanwhile, the Snorter Token presale has successfully raised $3.9 million, drawing investor interest with its governance token that offers reduced trading fees and advanced features, indicating a strong market interest in Solana-based projects.